People are paying attention to Ethereum’s price action since former U.S. President Donald Trump will host America’s first crypto conference. Market watchers have chosen two important prices that show where ETH will likely extend its next significant rally. Ethereum price movements depend heavily on market participants’ reactions with $2,553 set as the main barrier but a possible extended decline ahead.

The Ethereum market shows strong price swings during current trading periods. On Thursday, during night trading in New York, Trump signed an executive order to build up a reserve of Bitcoin for the government and digital assets. After the executive order, Bitcoin reached $90,000 but then crashed, so Ethereum fell to $2,000. The current Ethereum market price stands at $2,173, a 1.40% drop from previous levels.

Ethereum Shows Volatility With Key Levels At $2,292 And $2,087

During the previous five days, ETH prices experienced strong gains followed by sharp declines. The price rose 13% one day, then dropped 15% during the next session. Changing market prices produce uncertainty that makes investors guess the future direction of investments.

By studying Time-Price Opportunity charts, you can identify significant price areas where Ethereum tends to respond. TPO reveals two untaken control points at prices of $2,292 and $2,087. Ethereum price levels stayed untested because they marked periods when the asset spent notable amounts of time trading at those points. Traders pay special attention to these levels because price usually generates powerful responses after passing through them.

ETH will better its price potential when it climbs past $2292.

• The price holds at $2,087 as a major foundation for the market but may break with a downward movement.
• Cryptocurrency enthusiasts watch these price points because they could show possible shift patterns before the Crypto Summit begins.

Technical Analysis and Future Projections

• The analysis of Ethereum fluctuations across different time periods helps investors spot its upcoming market path.

Monthly & Weekly Outlook:

• Ethereum needs to return to $2,551 in order to reset its bearish pressure and advance in price movement.

If $2,084 support breaks, investors will likely see the price hit $1,000.

• ETH needs to break through $2,857 resistance to reach $4,000 testing levels before facing strong resistance.

Short-Term Analysis:

• The TPO chart shows strong resistance occurs at specific price points $2,292 and then again at $2,349.

The $2,087 position sets the main support zone in four-hour charts.

The upcoming summit gives ETH the opportunity to evolve its future direction. If positive event updates emerge during the U.S. Crypto Summit, the market may surge ETH prices to $3,000. When the summit produces unclear results, ETH may move back below $2000 in price.

Ethereum stands at a critical turning point because the Crypto Summit in the USA is set to take place. The ETH price movement will depend on the support levels at $2,292 and $2,087 which act as key decision points for traders.

When summit news boosts Ethereum, it has a chance to approach $3000. However, if no bullish market surge occurs, the price may fall back below $2,000. The market will experience increased uncertainty leading into the future period.