Ethereum Price Eyes $2,200 as Bulls Hold Key $2,030 Support
Ethereum's price surged past key resistance levels at $2,065, $2,120, and $2,150, reaching a high of $2,200 before undergoing a correction to $2,120. It is currently trading above $2,077 and the 100-hour simple moving average, with a crucial bullish trend line support at $2,030. If this support holds, ETH could attempt another increase toward resistances at $2,100, $2,135, and $2,150. A break above $2,150 may push the price toward $2,200 and potentially $2,250 or $2,320. However, failure to surpass $2,135 could lead to a decline, with initial support at $2,065, followed by major support at $2,030. A break below $2,030 might bring the price down to $2,000 or even $1,965, with key support at $1,920.
TheNewsCrypto03/06 05:23