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Ethereum tests key support zone near $2,300, with potential rebound to $3,000 or drop to $2,200 ahead.

Technical Signals
29 Oct 2026, 19:44 WIB
Zycrypto
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Bullish
Ethereum tests key support zone near $2,300, with potential rebound to $3,000 or drop to $2,200 ahead.

Ethereum is currently trading within a critical support band between $2,165 and $2,321, which analysts believe could mark a local bottom. If this support holds, Ethereum may rally toward $3,000. However, a weekly close below $2,350 raises concerns of a further decline to around $2,200 if the price fails to recover soon. Ethereum's price has shown recent volatility, gaining modestly in the past 24 hours and rising 4.5% over the last week, but remains down 11% for October and about 53% below its all-time high from August 2025.

Ethereum trades at Rp42.836.259 on Pluang, showing a modest 0.93% gain in the last day as of Oct 30, 2026 00:03 WIB. This aligns with the article's note of recent volatility and a potential support level that could spark a rally. Despite the cautious sentiment, Pluang users show a balanced order activity with 55% selling and 45% buying, holding their ETH for an average of 108 days.

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