Ethereum (ETH) Price Prediction for July 19

After reclaiming the $3,325 supply zone earlier this week, Ethereum price has launched into a vertical rally, rising more than 20 percent in just three sessions. Ethereum price today is trading around $3,655, its highest level since early 2024. The move is driven by a confirmed breakout from a long-term triangle structure. Bullish continuation now hinges on ETH holding above key former resistance levels. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) The weekly chart shows that Ethereum price has surged past the 0.618 Fibonacci retracement level at $3,067 and is now approaching the 0.786 level near $3,524. This rally is unfolding just after ETH confirmed a breakout from the multi-year symmetrical triangle visible on the monthly chart. That structure has capped ETH since 2022, and the breakout candle now reflects a long-awaited shift in macro trend. ETH price dynamics (Source: TradingView) On the daily timeframe, ETH cut through major levels including $2,530 and $3,325 with strong momentum. The volume profile highlights a low-liquidity pocket between $3,500 and $3,700, increasing the chances that price continues climbing … The post Ethereum (ETH) Price Prediction for July 19 appeared first on Coin Edition .

Source: Coin Edition