Ethereum initiates a major upward trajectory, clearing the $2,350 threshold and challenging the $2,500 psychological barrier.
Market charts show ETH stabilizing above the $2,320 zone and the 100-hourly Simple Moving Average. A contracting triangle pattern suggests volatility ahead, with immediate resistance established near $2,380.
Continued momentum above $2,300 could propel prices toward $2,420, targeting the $2,500 to $2,550 range. Failure to hold key levels risks a test of support near $2,260.
Hourly MACD and RSI indicators confirm positive momentum, suggesting sustained buying pressure despite minor corrections.