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Ethereum eyes breakout above $2,400 amid strong technical signals and rising demand.

Technical Signals
04 May 2026
Crypto news
View Source
Bullish
pluang ai news

Ethereum price is testing the $2,400 resistance level after rebounding to $2,393, with technical indicators like a looming bullish MACD crossover and a sustained Supertrend uptrend suggesting potential upside. ETF inflows of $101 million and a decline in Ethereum reserves on exchanges to the lowest since 2016 indicate improving demand and reduced selling pressure. If Ethereum decisively breaks above $2,400, it could move toward the next key resistance at $2,772, signaling a possible strong rally ahead. These factors combined point to a likely breakout from the current narrow trading range.

More News (ETH)

Bitcoin dips below $66K despite Iran peace deal boosting stocks and oil prices

Bitcoin dips below $66K despite Iran peace deal boosting stocks and oil prices

Bitcoin briefly reached $67,000 but fell back below $66,000 amid cautious market reaction to the U.S.-Iran peace agreement. While traditional stocks surged, with the S&P 500 up 1.7% and Nasdaq 100 rising 3.1%, Bitcoin showed only a modest 0.3% gain. ...

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Market News
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Bitcoin briefly rose above $67,000 but retreated as traders remain cautious about the tentative US-Iran peace deal, which has boosted stocks and oil but not crypto. This is the third ceasefire attempt, and previous rallies quickly reversed, so invest...

Market News
Neutral
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Cryptocurrencies rally as Iran peace deal boosts market optimism and Bitcoin nears a potential bottom.

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Bitcoin, Ethereum, XRP, and Dogecoin surged following optimism around a peace deal with Iran, with Bitcoin reaching $67,248 amid increased trading volume. The global crypto market cap rose to $2.27 trillion, while stocks also hit record highs. Analys...

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