Can Ethereum Close the Week Above $2,672? This Level Opens the Door to $3,000

Quick Read

• Ethereum trades at $2,630, just $42 below the $2,672 Fibonacci level that must hold on a weekly close to unlock the zone between $2,950 and $3,000.

• Benzinga flagged $2,672 as the trigger level, drawn from ETH's October 2025 top to its January 2026 low, with weekly closes filtering out noise better than daily wicks.

• ETH probably won't clear $2,672 this weekend, as thin Sunday volume and a stalled intraweek high of $2,647 leave buyers short on momentum.

• Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.

As of September 19, 2026, Ethereum (CRYPTO: ETH) is trading at $2,629.80, sitting $42 beneath the pivotal $2,672 mark. With the weekly candle set to close on September 20, traders are closely monitoring this threshold. This line comes from a Fibonacci retracement of Ethereum's decline from its October 2025 peak to its January 2026 trough. A weekly close above $2,672 would target the $2,950 to $3,000 range as the next major resistance. Notably, the Ethereum price has been in a four-session uptrend leading up to this pivotal moment.

On September 19, ETH closed at $2,619.71, following a recent high of $2,646.55, reflecting a 1.6% proximity to the $2,672 line over the past two days without breaching it. The crucial question now is whether ETH can close above $2,672, potentially turning this barrier into support.