Ethereum Poised for $2,000: Bullish Breakout Confirmed, 15 July, 2026

FINANCE FEEDS ·

Ethereum cryptocurrency can be expected to rise to the next round resistance level 2000.00 (target for the completion of the active impulse wave C). Likely to rise to resistance level 2000.00 Ethereum cryptocurrency recently broke the resistance area located between the strong resistance level 1835.00 (which stopped the previous short-term correction a in the middle of June, as can be seen from the daily Ethereum chart below) and the 38.2% Fibonacci correction of the downward impulse from the start of May. The breakout of this resistance area accelerated the active minor impulse wave C of the intermediate ABC corrective wave 2 from the start of June. Given the strength of the active impulse wave C and the bullish sentiment seen across the crypto markets today, Ethereum cryptocurrency can be expected to rise to the next round resistance level 2000.00 (target for the completion of the active impulse wave C). The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article. Related: How Block Builders Select and Order Transactions on the Ethereum Network

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Ethereum has turned into an uptrend, breaking through the strong resistance level at 1835.00. Based on technical analysis, the upward breakout of the 38.2% Fibonacci retracement level suggests further gains toward 2000.00 dollars. Investors should monitor the sustainability of the current bullish momentum and consider profit-taking strategies upon reaching the target price.

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DYAX Investor Sentiment

Bullish (Long) 49% · Bearish (Short) 51%

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