• Ethereum broke above the $2,880 resistance level, challenging $3,000, targeting a bullish breakout towards $4,000
• Analyst Chris foresees Ether’s summer climb to $4,000, followed possibly by an all-time high at around $5,700.
• Key support levels lie at $2,880 and $2,750; breaching these risks risks a downside correction.

Ethereum’s price recently crossed the $2,750 barrier. Bulls pushed ETH above the $2,880 resistance, ultimately testing the $3,000 zone. After reaching this high, the price started consolidating yet remained capped above the 23.6% Fibonacci retrace of the rally through $2,515 to $3,000.

Ethereum now trades above $2,880 and the 100-hour Simple Moving Average, which is reinforced by a bullish trend line at $2,885 on the hourly chart. Resistance areas are near $2,980 and $3,000, and higher barriers are at $3,040 and $3,120