NewsBTC •
May 22, 2026 at 03:20 •
Analysis
Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating and might rally if there is a clear move above the $2,150 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Aims for Upside Break Ethereum price remained bid above the $2,080 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,100 resistance. The price surpassed the 50% Fib retracement level of the downward move from the $2,197 swing high to the...
