Price Prediction
Ethereum Price Analysis: Can ETH’s $2,390–$2,400 Imbalance Fuel a Rally to $2,505?
Ethereum traded near $2,444 on October 21 after rebounding from the daily range low at $2,372. The recovery places a stacked $2,390–$2,400 imbalance at the center of the next technical test. Holding that zone could open a route toward $2,478 and $2,505, although neither upside level has been reclaimed. ETH rose approximately 3% from $2,372 before momentum stalled near $2,450. Four-hour candles subsequently consolidated beneath $2,478, the daily range high, indicating a strong buying reaction from the lower portion of the range despite persistent overhead resistance. However, the chart still shows lower highs, so the recovery has not yet established a bullish reversal. A sustained move above $2,478 would bring the next marked level, $2,505, into focus.