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Strong rally in Ethereum, supported by buyers

Technical Analysis
By Mostafa Mahmoud
Strong rally in Ethereum, supported by buyers
0 2

Ethereum

الايثيريوم 27-7-2026

Ethereum is trading around $1,970 resistance, and prices are expected to break above it and target $2,100, while this scenario is invalidated by a break below $1,815 support in today’s trading.

Support

 1815 1700
Resistance 1970

2100

Ethereum posted a strong gain, supported by the return of buying momentum and improved investor appetite for digital assets, boosting the prospects of a continued short-term upward move. Technically, the rally reflects buyers’ dominance, with prices moving to test new resistance levels, while Ethereum’s ability to hold its current gains remains a key factor in confirming the continuation of the uptrend.

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Mostafa Mahmoud

Mostafa Mahmoud Technical Analyst at LDN Mostafa has half a decade of experience in the field of financial markets between technical analysis and financial portfolio management, which extends to more than one financial market between stocks, commodities, currencies and the debt markets.

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