ETH Price Stalls at $2,673 as Momentum Goes Flat
Ethereum's price has stalled at $2,673, stuck in an indecision zone as momentum has gone flat. The MACD histogram is printing zero, and the RSI is at 62, keeping ETH out of overbought territory.
The Bollinger Band picture adds weight to this read, with ETH riding close to the upper two-thirds of its band. The upper band sits at $2,782, nearly identical to the strong resistance cluster at $2,765.79. This zone is thick with supply, and price would need a genuine volume surge to punch through cleanly.
The pivot point at $2,659.94 is the swing trader's line in the sand. ETH is currently above it, barely. Watch for a retest of that pivot on any tick lower. If it holds, bulls can reload. If it breaks, the path to $2,613 immediate support and then $2,554 strong support opens cleanly.
The broader structural picture remains unambiguously bullish, with ETH trading well above its 50-day SMA ($2,357) and 200-day SMA ($2,095). This confirms that any near-term weakness is a pullback within an uptrend, not a structural reversal.