Ethereum price faces $2,377.33 resistance as rebound momentum fades

As of October 28, 2026, Ethereum trades at $2,361.15 on Binance , and the Ethereum price setup remains neutral with a defensive tilt. The daily chart shows a recovery attempt inside an unresolved structure, not a confirmed bullish reversal. Key takeaways Ethereum trades at $2,361.15, below the daily EMA20 ($2,432.27) and EMA50 ($2,454.74) but above the daily EMA200 ($2,307.30). Daily RSI is rising at 37.5 while hourly RSI is falling at 58.3; only downside pressure easing is confirmed, not a bullish turn. An hourly close above $2,363.44 would activate a recovery scenario toward $2,377.33; a close below $2,358.11 opens a pullback toward $2,337.38. DEX trading volumes are mixed: Uniswap V4 fell 13.08% and V3 fell 17.54%, while Ekubo rose 11.45%.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to The Cryptonomist.