Ethereum Price Shows Early Recovery Signs as Buyers Defend Key Support

Ethereum (ETH) is showing clear signs of stabilization after weeks of volatile and erratic price action, suggesting an early-stage recovery may be underway. Following multiple defensive rebounds from the critical $2,800 support zone, Ethereum has begun forming higher lows and reclaiming short-term momentum. While the broader trend is still in a recovery phase rather than a full reversal, the near-term market structure has turned cautiously bullish.

One of the most notable shifts in Ethereum price behavior is the change in seller dynamics. Previous relief rallies were aggressively sold, often leading to sharp pullbacks. That pattern has weakened significantly. Sellers are no longer able to force steep declines after minor rejections, indicating reduced downside pressure. Buyers are stepping in faster on pullbacks, allowing ETH to grind higher rather than rely on speculative spikes. This is further supported by steady volume, which favors gradual upside continuation instead of short-lived volatility.

Ethereum is now steadily pressing toward key resistance levels, with the 50-day exponential moving average acting as the main technical barrier. This moving average previously capped multiple recovery attempts during the broader decline and now serves as a gatekeeper for trend confirmation. A clean breakout and sustained hold above the 50 EMA could confirm a structural shift, opening the door for accelerated upside momentum. If that occurs, Ethereum price could advance toward the $3,300 to $3,450 range, where stronger resistance and longer-term moving averages align.

Momentum indicators also support the bullish case. The Relative Strength Index has lifted out of weak territory without entering overbought conditions, a setup commonly seen during sustainable recoveries. This suggests Ethereum is regaining strength in a healthy manner rather than overheating.

Downside risk remains. Failure to break above the 50 EMA could result in renewed consolidation, with $2,800 continuing to act as the primary support level. A decisive breakdown below that zone would invalidate the bullish outlook. For now, Ethereum is holding structure, building momentum, and applying consistent pressure on resistance, keeping ETH firmly back on course in the near term.