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Ethereum price dips 1.5% amid rising oil prices and weak short-term trend signals

Technical Signals
28 Sep 2026
Crypto news
View Source
Bearish
Ethereum price dips 1.5% amid rising oil prices and weak short-term trend signals

Ethereum's price fell about 1.5% to around $2,665 on September 28, following a rise in oil prices after a setback in US-Iran talks. Despite the decline, Ethereum remained above key daily moving averages, indicating some underlying support. Short-term technical indicators showed weak trend strength below $2,700, with liquidation clusters near $2,700 and $2,740–$2,750 suggesting critical resistance levels. Ethereum co-founder Vitalik Buterin also highlighted the upcoming Hegota upgrade in 2027, expected to be the last "normal" fork, signaling longer-term network improvements. Investors are watching whether Ethereum can hold above $2,650 and $2,700 to avoid further declines or resume its upward momentum.

Following Ethereum's recent price dip near $2,665, on Pluang, ETH trades at Rp48.119.129 with a modest 0.22% decline as of September 28, 2026, 23:02 WIB. The market shows active participation with a 61% buy order ratio and a typical hold time of 106 days, indicating steady investor interest despite short-term resistance levels. Ethereum's market cap stands at Rp5.891,5 trillion, reflecting its significant presence on the platform.

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