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Ethereum price holds 0.618 fibonacci support as bullish volume signals reversal

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Ethereum price holds 0.618 fibonacci support as bullish volume signals reversal - 1

Ethereum price is testing a critical confluence support zone around the 0.618 Fibonacci level, where improving bullish volume suggests a potential reversal may be developing.

Summary

  • 0.618 Fibonacci and value area low form key support zone
  • Bullish volume emerging, signaling possible accumulation
  • $2,286 resistance becomes upside target, if reversal confirms

Ethereum (ETH) price action has entered a decisive technical region after an extended corrective phase pushed the asset toward high-timeframe support. Following sustained selling pressure, ETH is now trading within a major confluence zone that historically attracts demand and often acts as a pivot for market reversals.

Rather than showing continued acceleration lower, recent behavior indicates stabilization near support. This shift is drawing attention from traders watching for early signs of accumulation. When price approaches major Fibonacci retracement levels alongside strong structural support, the probability of a rotational move higher begins to increase, provided buyers continue to defend the area.

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Ethereum price key technical points

  • 0.618 Fibonacci retracement aligns with major support, creating reversal potential
  • Value area low and $1,826 high-timeframe support converge, strengthening demand zone
  • Bullish volume response emerging, suggesting early accumulation behavior
Ethereum price holds 0.618 fibonacci support as bullish volume signals reversal - 1
ETHUSDT (4H) Chart, Source: TradingView

Ethereum is currently trading near $1,826, a level reinforced by multiple technical factors. The 0.618 Fibonacci retracement, often referred to as the “golden ratio” in technical analysis, sits directly within this region. Historically, this level frequently acts as a turning point during corrective moves within broader trends.

The significance of this area is amplified by its overlap with the value area low, which represents the lower boundary of fair value within the previous trading range. When price revisits such zones, markets often attempt to rebalance as buyers and sellers reassess value.

This confluence transforms the region into a high-probability reaction zone rather than an arbitrary support level.

Liquidity sweep could trigger reversal

An important dynamic unfolding around this support is the presence of resting liquidity below recent lows. Markets commonly sweep liquidity beneath key support before reversing direction. Such moves allow larger participants to accumulate positions while forcing weaker hands out of the market.

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If Ethereum briefly trades below support and quickly reclaims it, the move could resemble a swing failure pattern (SFP), a classic reversal setup. This type of price action often signals that selling pressure has been absorbed and that demand is beginning to outweigh supply.

The emergence of bullish volume during these tests is particularly important, as it indicates buyers actively stepping into the market rather than passive stabilization.

Bullish volume suggests accumulation

One of the more constructive developments is the gradual increase in bullish volume near support. Rising buy-side participation at key technical levels often precedes rotational moves higher.

Volume behavior frequently acts as confirmation of intent. When buyers appear at high-timeframe support while momentum indicators begin stabilizing, markets transition from distribution into accumulation phases. Ethereum’s current setup reflects early signs of this transition.

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However, confirmation remains essential. Sustained buying interest must continue to defend the support region to validate the reversal thesis.

Upside rotation targets higher resistance

If Ethereum successfully holds the $1,826 support cluster, attention shifts toward higher resistance zones. The first major objective lies near the value area high, where price previously faced rejection.

Beyond that, high-timeframe resistance around $2,286 becomes the next technical target. A rotational move toward these levels would represent a recovery within the broader trading structure rather than an immediate trend reversal.

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Such moves often unfold gradually, beginning with stabilization, followed by higher lows and expanding bullish momentum.

Market structure at a turning point

From a market structure perspective, Ethereum remains at an inflection point. The broader correction has not yet invalidated long-term structure, but continued defense of support is necessary to prevent deeper downside continuation.

The combination of Fibonacci confluence, liquidity dynamics, and improving volume creates conditions favorable for a reversal attempt. Still, failure to hold this region would reopen risks toward lower support levels.

What to expect in the coming price action

From a technical, price action, and market structure standpoint, Ethereum is positioned at a potential turning point. Holding above the 0.618 Fibonacci support near $1,826 significantly increases the probability of a rotational move higher.

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In the immediate short term, traders should monitor volume expansion and price acceptance above support. A confirmed swing failure or strong bullish reaction could initiate a move toward higher resistance zones, beginning with the value area high and extending toward $2,286.

Until proven otherwise, Ethereum appears to be transitioning from corrective weakness toward stabilization. If demand continues to build at current levels, the market may be preparing for a relief rally following its recent decline.

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Crypto World

Tokenized Real Estate Projects Advance in Dubai and the Maldives

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Real Estate, Dubai, Donald Trump, Tokenization

Entities in Dubai and the archipelagic nation of the Maldives are moving forward with tokenized real estate development projects worth millions of dollars, combined.

On Friday, the Dubai Land Department announced that it would launch the second phase of a real estate tokenization pilot program. The move followed about $5 million worth of real estate in Dubai being tokenized, allowing the resale of about 7.8 million tokens.

Real Estate, Dubai, Donald Trump, Tokenization
Source: Reece Merrick, Ripple Labs’ managing director for the Middle East and Africa

The tokenization infrastructure partner for the pilot, called Ctrl Alt, which is also licensed as a Virtual Asset Service Provider in Dubai, will issue “Asset-Referenced Virtual Asset management tokens” to facilitate the transfer of the tokens on secondary markets.

According to Ctrl Alt, all onchain transactions for the real estate tokens will be recorded on the XRP Ledger and secured by Ripple Custody.

Related: Ripple CEO confirms White House meeting between crypto, banking reps

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The Dubai Land Department predicted in May 2025 that the tokenization project could contribute about $16 billion by 2033, equivalent to 7% of the jurisdiction’s total property transactions.

Some experts have said Dubai’s real estate market and crypto-friendly regulatory environment have made the emirate stand out among other jurisdictions globally.

Trump-tied hotel deal in the Maldives is also looking to tokenize

Ctrl Alt’s announcement came a few days after real estate development company DarGlobal and World Liberty Financial, a crypto company backed by US President Donald Trump and his sons, announced plans to tokenize the development phase of a Trump-branded resort in the Maldives. 

The tokenization deal will happen in partnership with financial technology company Securitize.

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“We definitely see this as taking over the way other projects are being funded,” DarGlobal CEO Ziad El Chaar told Cointelegraph, adding:

“[Tokenization] will open the door to many more investors, who would like to take part in investing in real estate but don’t have access today.” 

World Liberty announced the deal at a crypto-aligned event at Trump’s Mar-a-Lago property on Wednesday.

Attendees included traditional finance players like Goldman Sachs CEO David Solomon, crypto industry representatives including Coinbase CEO Brian Armstrong, and Senators Ashley Moody and Bernie Moreno.

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Magazine: Here’s why crypto is moving to Dubai and Abu Dhabi