Ethereum (ETHUSD) Price Might Surge to Retest the $3,527 High Mark

Ethereum (ETHUSD) Price Forecast: July 10

The ETHUSD pair is gaining traction and could surge to retest the previous high as coin investors have increased their presence and are also ready to push higher. Meanwhile, if the coin prices sustain above $2,827, the bulls’ trend would continue upward and might swing towards the $3,527 upper high level, resulting in an intraday gain for coin traders.

Key Levels:
Resistance Levels: $2,600.00 $2,700.00, $2,800.00
Support Levels: $1,444.00, $1,434.00, $1,424.00

ETH (USD) Long-term Trend: Bullish (Daily Chart)

The ETHUSD pair indicates an upward trend with a bullish posture in its long-term perspective. The coin price might surge above the current level if the bulls could increase their swagger.
The sustained bulls’ action on the crypto at a $2,570.84 high in the last session has contributed to its bullishness at its recent level.

As the daily session begins today, bulls’ activity raises the price of Ethereum to the resistance level of $2,628.95, which is above the supply trend levels, potentially driving the coin price to a new high.

As the trip north continues, a significant break above the $2,827.18 resistance level would increase the bullish push to surge and retest the $3,438.96 top value, suggesting an optimistic future for the crypto.

In addition, the ETHUSD pair remains in an uptrend. Hence, the upcoming bullish rally might surge to retest the $3,527 upper resistance level in the coming days on the higher time frame.

ETH (USD) Medium-term Trend: Bullish (4H Chart)

On the medium-term chart, the price of Ethereum remains in an uptrend and sends a clear bullish signal that the price could surge to retest its prior resistance.
The crypto price is above the moving averages, confirming a bullish momentum.

The increase in the bullish momentum to a $2,553.86 supply value in the last session has enabled the crypto price to remain in an uptrend.

At the time of writing, ETHUSD is losing bearish momentum as it remains in an uptrend at the $2,628.95 high level above the moving averages as the 4-hourly chart begins today, indicating a potential for a prolonged correction in Ethereum’s price.

The coin price is expected to reach the previous supply of $2,880, opening the door for additional increases.

Notably, the daily projector indicates that the ETHUSD price may remain in an uptrend. In light of this, the pair may surge to reach the $3,527 resistance level in the days ahead in its medium-term forecast.

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