Ethereum is trading around $2,315 as of Monday, with the RSI sitting neutral and the MACD flattening — signs that the recent buying spree is running out of steam. Despite the exhausted momentum, the data suggests a 65% probability that the price will test the $2,360 resistance level within the next three days. A rejection at that point could send ETH back to the $2,244 support zone, though a target of $2,400 remains on the table for the same window.
The Technical Picture
The Relative Strength Index is neutral, meaning ether isn't overbought or oversold. That's a setup that can go either way. But the MACD — a momentum indicator — is now flattening after a period of upward movement. That typically signals buyers are losing conviction. For a sustained rally, you'd want to see both indicators aligned. Right now they're not.
What the Data Says
Market data assigns a 65% chance that Ethereum tests $2,360 within 72 hours. That's a decent probability, but it's not a slam dunk. If the price gets there and fails to break through, the next logical stop is $2,244 — a level that's acted as support in recent sessions. The risk is that what looks like a routine retest turns into a sharper pullback if volume dries up.
Target in Sight
Despite the weakening momentum, a target of $2,400 is still being priced in for the same 72-hour window. That's a roughly 3.7% move from current levels. It's not an aggressive target, but it would require the resistance at $2,360 to break first. The clock is ticking: if the test doesn't happen by Thursday, the setup could fade entirely.
For now, traders are watching the $2,360 zone. That's the next concrete event — either a breakout or a rejection that sets the tone for the rest of the week.
