Ethereum (ETH/USD) Weekly Chart Analysis - Week 29, 2025

Ethereum (ETH/USD) Weekly Chart Analysis - Week 29, 2025

  • Jul 20, 2025
  • Sigbal by Sigbal
  • Crypto

Based on the provided Ethereum (ETH/USD) daily chart from Binance, here’s a quick technical analysis:


 

📈 Current Price Action:

  • Price: $3,772.14
  • Change: +4.93% today
  • ETH is in strong bullish momentum, clearly breaking out from previous consolidation zones.

 

🧠 Key Technical Observations:

  1. Trend:
    • ETH is in a steep uptrend since mid-June.
    • Multiple green TD Sequential candles indicate continuation of buying strength.
  2. Support & Resistance Levels:
    • Immediate Resistance: None visible nearby (price is in price discovery).
    • Support Zones:
      • $3,073.20 (last key resistance now turned support)
      • $2,762.84 (21 EMA)
      • $2,580.63 (Volume profile level)
      • POC (Point of Control): $2,540.1 – key high-volume support
  3. Volume Profile:
    • Heavy past activity around $2,540–$2,580
    • This zone will act as strong support on any pullback.
  4. Moving Averages:
    • All major EMAs (20, 50, 100, 200) are in bullish alignment.
    • No signs of EMA crossover to bearish side – indicates ongoing uptrend.
  5. TD Sequential:
    • Currently showing 9–13 count completed and another 1–9 forming.
    • Price could be nearing exhaustion – watch for a short-term pause or retracement.

 

🔮 Potential Scenarios for Next Week (Week 30):

✅ Bullish Continuation:

  • Break above $3,800 with volume could push ETH toward $4,000–$4,200.
  • Strong uptrend intact unless price dips below $3,073.

⚠️ Pullback/Correction:

  • Short-term retracement to $3,200–$3,073 possible due to overextension.
  • If correction deepens, $2,762–$2,580 range is the ideal buy-the-dip zone.

 

🕵️‍♂️ Summary:

  • Bias: Bullish
  • Momentum: Strong
  • Near-term Caution: Slight pullback risk after sharp rally
  • Long-term View: Accumulation on dips near POC (~$2,540) remains favorable.
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