Ethereum's price is showing positive momentum above the $2,650 zone, following a similar trend to Bitcoin. The cryptocurrency could see further increases if it surpasses key resistance levels at $2,725 and $2,755. An upward break beyond $2,880 might lead to a rise towards the $3,000 mark.
The downside suggests initial support at $2,700, with major support near $2,660. Failing to maintain these levels might push Ethereum towards $2,550.
Technical indicators show a bullish bias, with the MACD gaining momentum and the RSI above the 50 level.