# Ether Tests $2,400 Support After Retreat From $2,700

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/29619
Published: 2026-10-10T18:24:24.000Z
Updated: 2026-10-10T18:24:24.000Z
Section: Investing

> A daily close below $2,400 would weaken Ether’s recovery structure and put the $2,000-$2,200 region in focus.

Ether (ETH) has pulled back toward $2,400-$2,500 after reaching resistance near $2,700, putting the $2,400 area at the center of its near-term technical outlook.

A sustained hold above $2,400 would preserve the recovery structure that lifted ETH from June lows near $1,500. Resistance remains concentrated around $2,600-$2,700, and a break above that band would strengthen the setup toward the $3,000 level.

A daily close below $2,400 would weaken the recovery structure and shift attention toward the $2,000-$2,200 region. That area contains Ether’s 100-day and 200-day moving averages, which crossed bullishly.

The $2,000-$2,200 region is a technical scenario rather than a confirmed price target. The next directional signal will depend on whether ETH holds support, reclaims the resistance band and builds stronger momentum.

Momentum indicators remain subdued. The daily relative strength index was near 40, below the neutral 50 mark but above the conventional oversold threshold of 30. The four-hour RSI also stood near 40 after recovering from deeply oversold conditions.

Ether’s exchange supply ratio measures exchange reserves as a share of total supply. A rising ratio may indicate that more ETH is available on exchanges, but the metric alone does not establish whether holders intend to sell.

For now, the technical structure remains conditional. Holding $2,400 would keep the recovery case intact, while a decisive break below that level would weaken it.