Ethereum, the second-largest cryptocurrency, has shown upward price momentum, surpassing $2,700. It is currently maintaining positive trends above $2,650.
A key bullish trend line is forming with support near the $2,680 mark, providing a stable foundation for potential further upward movement.
The next major resistance thresholds to observe are at $2,750 and $2,780. Should Ethereum prices surpass these resistance levels, it could indicate additional gains.
If Ethereum breaks above $2,840, it may pave the way for further growth. Support areas to watch include $2,720, $2,680, and $2,650.