Ethereum climbs as bullish sentiment lifts market optimism

crypthub

3/13/2026, 4:50:49 AM

Recovery Outlook

Ethereum has broken above the $2,050 zone and is trading over the 100‑hourly SMA. The price cleared $1,980 and $2,020 resistance, confirming a bullish shift. A break of the declining channel at $2,080 supports the upward momentum. The hourly MACD shows growing bullish strength and RSI is above 50.

Resistance and Upside Targets

Immediate resistance sits near $2,135, with the next key level at $2,150. A clear move above $2,150 could push ETH toward $2,220 and then $2,250. Breaching $2,250 may open the path to $2,320‑$2,340 in the short term. Further upside would rely on sustained bull activity above $2,050.

Support and Downside Risks

If ETH fails to hold $2,135, the pair may retest support at $2,080 and then $2,050. A break below $2,050 could drive the price toward $2,000, $1,950, and possibly $1,920. The current bullish indicators suggest resilience, but downside pressure remains if key resistance is rejected.