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Ethereum price eyes $2,500 after key resistance at $2,393; strong exchange outflows signal accumulation.

Technical Signals
25 Mar 2026
BeInCrypto
View Source
Neutral
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Ethereum (ETH) is trading around $2,186, recovering within a rising channel after facing resistance near $2,393. Large outflows of ETH from exchanges indicate strong accumulation by holders, reducing sell pressure. However, the Network Value to Transactions (NVT) Signal suggests ETH's market cap is growing faster than its on-chain activity, raising caution about overvaluation. To reach $2,500, ETH must break above the critical $2,393 resistance level, with support near $2,080 and $2,145 helping maintain the upward trend. A drop below $2,023 would invalidate the bullish outlook and shift focus to lower supports around $1,838-$1,929.

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