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Ether nears $2,700 with key resistance and support levels in focus for next price move

Technical Signals
07 Oct 2026
Tokenpost
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Neutral
Ether nears $2,700 with key resistance and support levels in focus for next price move

Ether (ETH) approached the $2,700 mark on October 7, with technical indicators suggesting a possible breakout above resistance or a pullback to support at the 20-day EMA around $2,656.14. The open interest in derivatives is significant at $33.27 billion, indicating active trading that could amplify price movements. However, this does not guarantee a breakout. Ethereum's ecosystem remains robust with over $52 billion locked in DeFi, more than 543,000 active addresses, and nearly 2 million transactions in 24 hours, providing context for its price action. Investors are watching the $2,700 resistance and $2,656 support levels closely for the next directional move.

As of October 8, 2026, 06:11 WIB, Ethereum (ETH) trades at Rp45,898,870 on Pluang, down 4.68% in the last day. Despite the recent price drop, the market cap remains strong at Rp5.614,07 trillion, reflecting sustained investor interest. The typical hold time on Pluang is 107 days, indicating a relatively long-term commitment among users amid ongoing price fluctuations.

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