Ethereum Price Eyes $2,120 Breakout After Reclaiming $2,000
Ethereum's price has established a base and successfully reclaimed the $2,000 level, rallying past key resistances at $1,960 and $2,050 to reach a high of $2,089. Following a minor correction, ETH is now trading above $1,960 and the 100-hourly Simple Moving Average, with a bullish channel forming on the hourly chart. Key resistance levels are at $2,080 and $2,120; a break above the latter could propel the price toward $2,155 and potentially $2,220–$2,250. If it fails to surpass $2,080, a decline may occur, with initial support at $1,990, followed by major support at $1,960. A break below $1,960 could lead to further losses toward $1,930 or even $1,840.
TheNewsCrypto03/03 05:42