Ethereum Price Surges Past $2,000, Faces Resistance at $2,150
- Ethereum price rallied over 15%, surpassing the $2,000 and $2,020 resistance levels.
- The price formed a high at $2,158 before experiencing a sharp correction.
- ETH is trading above the $2,000 mark and the key support level is near $1,975.
- Immediate resistance is seen near the $2,080 level with major resistance at $2,150.
Ethereum’s recent rally saw it break past significant resistance levels but faced a setback after hitting a high of $2,158. The current trading above the $2,000 mark suggests potential for further gains if key resistances are cleared.
A move above the major resistance of $2,150 could propel Ethereum towards higher targets like $2,200 or beyond in the short term. Source
