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Reading: Ethereum (ETH) price analysis on February 2nd
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Ethereum

Ethereum (ETH) price analysis on February 2nd

February 7, 2026 1 Min Read
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Many of the cash have returned to the inexperienced zone. Nevertheless, there are some exceptions to this rule, in keeping with CoinStats.

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$ETH/USD

Not like different cryptocurrencies, Ethereum’s charge ($ETH) has fallen 0.48% since yesterday.

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Regardless of the drop immediately, $ETH It seems bullish on the hourly chart. The speed of main altcoins is making an attempt to interrupt above the resistance degree at $2,335.

If this occurs, there’s a excessive risk that the value will proceed to rise to the $2,400 zone tomorrow.

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In longer time frames, $ETH I unintentionally broke out yesterday’s low of $2,222. If the bullish stress continues and the candlestick closes removed from that mark, we are able to anticipate a bounce again to the $2,500 zone quickly.

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From a medium-term perspective, merchants ought to take note of the weekly shut on the $2,152 degree. A big deviation from that might see a correction within the $2,500-$2,600 vary.

On the time of writing, Ethereum is buying and selling at $2,370.

See also  Why Ethereum's current 35% whale sell-off could be the most bullish signal
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Reading: Ethereum (ETH) price analysis on February 2nd
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