Ethereum Price Remains Volatile Near $2,500 Level

Ethereum's price has been hovering around $2,468 on September 10, as buyers defend the lower end of a multi-week range. The token remains below the psychological $2,500 level that has repeatedly limited recovery attempts since late August.

According to crypto.news data, Ethereum traded between approximately $2,455 and $2,485 during the session. The immediate support on the 4-hour chart is at $2,460, while resistance begins near $2,500-$2,508.

Analyst Daan Crypto Trades noted that Ethereum has formed a tighter range than Bitcoin while sitting on support near $2,460. He added that a range break could lead to heavy liquidations among traders positioned on the wrong side.