Rahul Rathore
05-03-2026
The latest Ethereum Price Prediction outlook is gaining attention as coin has finally broken above the $2,100 resistance and is now trading near $2,117.
The move comes despite rising geopolitical tension between Israel and Iran, which would normally pressure risk assets.
Instead, the crypto sector is showing strong momentum.
Coin has jumped over 7% in the last 24 hours, supported by institutional buying, short liquidations, and improving crypto sentiment.
With Bitcoin trading close to $74,000, Ethereum’s breakout above $2,100 signals growing confidence in digital assets.
If ETH manages to hold this level as support, the current Ethereum Price Prediction outlook could turn even more bullish.
One of the key reasons behind the latest Ethereum price surge appears to be a wave of liquidations in the derivatives market.
According to recent data from Coinglass, more than $155 million worth of ETH positions were liquidated in the past 24 hours.
A large portion of these liquidations came from short traders who were betting on a price drop.
When the price suddenly moves higher, these positions get automatically closed, creating forced buying pressure.
This liquidation wave has helped accelerate the ETH price rally, adding momentum to breakout above the $2,100 level.
Another factor supporting the recent Ethereum price rally is growing institutional activity.
According to information shared by DeFiTracer on X, BlackRock has reportedly been buying large amounts of Bitcoin and Ethereum through exchange-linked wallets.
The post suggests that millions of dollars worth of BTC and ETH are being accumulated frequently, indicating strong institutional demand.
Such activity often boosts investor confidence in the crypto sector and can add momentum to ongoing price rallies in the digital asset sector.
As mentioned in the previous ETH article, price was moving inside a falling channel and repeatedly facing resistance near the $2,100 level.
On March 3, the price took support near the 0.5 channel level and started building upward momentum.
Soon after, price managed to break both the channel structure and the $2,100 resistance, which triggered the latest rally.
At the moment, the 200 EMA on the 4-hour chart is acting as a strong resistance. If ETH manages to flip this level into support, the next upside targets could appear near $2,376 and $2,491.
For now, the key support zone sits around $1,915.
As long as price stays above this level, the overall structure can remain bullish in the short term.
Can ETH Move Toward 2500 Next?
According to recent analysis shared by Crypto Patel on X, coin is now trading close to $2,200 after a strong recovery move.
The analyst suggests that if ETH maintains its current momentum, the next upside zone could appear between $2,500 and $2,600, where a major Fair Value Gap (FVG) sits on the higher time frame chart.
At the same time, the key level to watch remains $1,750.
According to the analysis, price must hold above $1,750 for bulls to stay in control, while a drop below this level could allow bearish pressure.
A broader weekly chart is also drawing attention among analysts.
According to analysis shared by Cycles With Bach on X, this altcoin has recently completed another ABC correction of nearly 64%.
A similar correction pattern appeared during the previous cycle, which was followed by a strong bullish rally.
The current structure on the weekly timeframe is showing a comparable setup, with RSI also attempting to turn upward from lower levels.
If the structure continues to develop in the same way, analysts believe token could start moving toward higher targets around $3,000 to $4,000 in the longer term, provided the bullish momentum continues to build.
The current Ethereum Price Prediction outlook remains bullish as ETH holds above the $2,100 breakout level.
If momentum continues, the next targets could appear near $2,376 and $2,491, with a possible move toward $2,500.
However, a drop below $1,915 support may weaken the short-term bullish structure.
Disclaimer: Cryptocurrency markets are highly volatile. This price prediction is based on technical structure and current developments, not financial advice. Investors should conduct independent research and assess their risk tolerance before making any decisions.
Rahul Rathore brings over 3 years of hands-on experience in technical analysis, specializing in crypto, stocks, and market trend forecasting. With a deep understanding of chart patterns, indicators, and market psychology, Rahul delivers precise, actionable insights that help traders and investors make informed decisions. His analytical approach combines technical expertise with real-world market understanding, making his content reliable and highly valued by both novice and experienced traders.
Rahul Rathore brings over 3 years of hands-on experience in technical analysis, specializing in crypto, stocks, and market trend forecasting. With a deep understanding of chart patterns, indicators, and market psychology, Rahul delivers precise, actionable insights that help traders and investors make informed decisions. His analytical approach combines technical expertise with real-world market understanding, making his content reliable and highly valued by both novice and experienced traders.
Owned by:-
DCG Tech FZCO, UAE
Delivery Partner:-
Gabbar MediaTech Pvt Ltd.
Copyright © 2026 Coin Gabbar. All Rights Reserved.
