Ether has experienced a strong upward rally over the past two weeks, pushing from the $1,500s to above $2,600. While higher timeframes remain bullish for now, short-term caution is warranted. ETH has hit a technical ceiling just under the $2,.900 resistance, which aligns closely with the 200-day moving average. This zone previously acted as a major breakdown point in February and is now serving as a supply area. The RSI recently entered overbought territory, suggesting that momentum is fading as price approaches this resistance.Ethereum Price Analysis: Can ETH Continue its Run as Major Resistance Levels Approach?

Source: CryptoVizArt, 2025-05-19; https://cryptopotato.com/ethereum-price-analysis-can-eth-continue-its-run-as-major-resistance-levels-approach/