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Ethereum tests $2,163 resistance amid bullish signals but risks drop to $1,980 if support fails

Technical Signals
03 Apr 2026
Crypto news
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Neutral
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Ethereum is trading near $2,051, pressing against a double-top resistance zone at $2,163 after two rejections from its rising channel's upper boundary. A bullish MACD crossover on the 4-hour chart suggests potential for a breakout, but the daily trend remains cautious with key support at $1,980. A daily close above $2,166 could push prices toward $2,250-$2,300, while a break below $2,024 support risks a decline to $1,980 or lower. With $6.3 billion in options expiring and thin liquidity over the weekend, traders should watch for volatility and clear trend confirmation.

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