Ethereum Eyes $2,280 Breakout After Clearing $2,200 Resistance
Ethereum's price continues its upward momentum, successfully breaking through the $2,200 resistance level after clearing the $2,120 barrier. A key bullish trend line provides support at $2,100. The price is trading above $2,180 and the 100-hour simple moving average. Immediate resistance is near $2,245, with major hurdles at $2,250 and $2,280. A decisive break above $2,280 could propel ETH toward $2,320 and potentially $2,365-$2,380. If it fails to surpass $2,250, a correction might occur. Downside support sits at $2,200, followed by $2,180 and $2,150. The main support remains at $2,050.
TheNewsCrypto03/16 08:04