Ethereum Price Prediction Hinges on Breakout Above $2,520 Resistance

Ethereum's price prediction is now hinging on breaking above $2,520 resistance. The cryptocurrency has been trading below this level since Sept. 6 after sellers rejected another attempt to push it above $2,500.

The recent inflows of U.S. spot Ethereum ETFs and staking activity have tightened the available supply backdrop. TradingView shows ETH near $2,481 on Sept. 6 with a roughly 1% daily gain and nearly 30% monthly advance.

Traders are now faced with a test between maintaining August's momentum and absorbing supply around the recent peak. A clean close above resistance would mark confirmation rather than an automatic return toward the peak of $4,955.30 reached on Aug. 24, 2025.