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

Picture: The Cryptonomist

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.

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