Ether hovered around $2,900-$2,950 after a pullback from $3,300 as two analysts highlighted this zone as key support. One chart showed this move as a possible final support point for Wyckoff, while another chart showed $3,300 and $3,600 as the next resistance levels.
Wyckoff chart flags Ethereum Support test near $2,900
A chart shared by analyst Bitcoinsensus on X shows: ether Trading around $2,920, we view the recent decline as a possible “last support point” in Wyckoff’s accumulation setup. TradingView-style graphics mark previous Wyckoff events on the left side of the cycle, such as Sell Climax (SC), Auto Rally (AR), and Secondary Test (ST), tracking a long trading range from 2022 to 2024.
Ethereum Wyckoff cumulative chart. sauce: Bitcoin Census of X
These days, the chart highlights two areas marked “LPS”. One is around the early 2025 baseline and the other is around the current zone just below $3,000. The same image depicts a horizontal resistance band near the mid-$4,000s where price was previously rejected, keeping the broader support line near $1,300 on the chart lower.
Analyst predictions depict a push back toward resistance, followed by a breakout labeled “SOS” (sign of strength), and a rally toward above $5,000. A post-frame that would result as the next phase if Ether holds its current support area and regains the top of the range.
Ethereum Traders are eyeing resistance at $3,300, testing support near $2,950
Meanwhile, every day Ethereum/USDT According to a chart shared on X by That Martini Guy, Ether is trading around $2,950 after falling sharply from the $3,300 area. The chart marks $3,300 as a major resistance zone, with a higher supply band near $3,600 where price had previously stalled. On the downside, this picture highlights a support area just above $2,900, which the price is currently testing after the recent decline.
Ethereum USDT Daily support and resistance charts. sauce: That martini guy from X
This structure shows that Ether is moving within a broad range that defines recent price movements. After failing to exceed $3,300, Ethereum It quickly slid into the middle of the range and then fell towards the lower support zone. Analyst notes suggest that a sustained rally above $3,300 could re-open the path to $3,600 territory, while continued weakness could expose the floor around $2,800.
The chart shows the current level as the decision point. A breakout above the $2,900-$3,000 zone will keep Ether within the established range, while a confirmation below it will shift focus to the next significant support near $2,800. At the time of the snapshot, the price was hovering around $2,948 on Binance, reflecting a small loss during the session.
