Ethereum’s Price Surge: Can It Continue to Break Barriers?
Ethereum has made quite the splash this month, doping up from the $2,800 range in an almost vertical climb to hover around $3,900. Just beneath a critical multi-year resistance level, Ethereum is stirring excitement out there. Smart Money Concepts reveal that ETH is entering a high-liquidity zone, a territory typically related to traders cashing in. With derivative indicators leaning bullish and the value moving inside an ascending channel, all eyes are on the following potential breakout.
Ethereum’s Recent Price Journey
In a daring move during mid-July, Ethereum’s each day chart illustrated its price punching through a stubborn multi-month downtrend resistance. Now, the goal is the 2024 swing high near $4,089. ETH has navigated through significant supply zones to succeed in this point, signaling a shift to a bullish market structure. The recent breakout from the compression range between $2,400 and $2,800 launched this impressive rally.
Ethereum’s Current Position
Looking on the weekly chart, ETH is pushing right into a red Smart Money liquidity zone between $3,890 and $4,200. This area was a distribution hotspot back through the peaks of April and May 2024, marking what’s likely the last hurdle before a possible surge…
Originally published in Coin Edition, the piece titled “Ethereum (ETH) Price Prediction for July 28, 2025: ETH Blasts Past $3,900 As Bulls Eye $4,089 Liquidity Zone” captures this ongoing momentum and the market’s anticipation.
Image Credit: cryptorank.io
