Ethereum Tests Resistance Near $2,560

Ethereum has reclaimed the $2,500 level and is testing resistance near $2,560. The cryptocurrency has preserved most of its August gains, maintaining a multi-week range with immediate resistance at $2,450 to $2,520.

A convincing daily close above this area would strengthen the continuation case and expose the next major resistance band around $2,920 to $3,030. However, the setup still lacks confirmation.

On the four-hour chart, Ethereum has spent several weeks moving between roughly $2,350 and $2,560, repeatedly rejecting both boundaries without establishing a durable trend.