Ethereum Price Rally Alert: ETH Nears Key Resistance Levels
- Ethereum price found support at $2,500 and began a fresh increase.
- ETH is trading above $2,675 and the 100-hourly Simple Moving Average.
- A bullish trend line is forming with support at $2,550 on the hourly chart of ETH/USD.
- The price faces resistance near the $2,740 and $2,750 levels.
- An upside break above $2,840 could push ETH toward the $3,000 milestone.
Ethereum’s price has gained strength after finding support at $2,500. It is currently trading above key levels with potential resistance near $2,750. A breakthrough could lead to further gains towards higher resistance zones.
Source (2.6)https://www.newsbtc.com/analysis/eth/ethereum-price-rally-alert-2700/?rand=52377