Ethereum price surged past $2,200 after breaking key resistance levels, signaling renewed bullish momentum. The rally followed a successful test above $2,150 and the 100-hourly Simple Moving Average.
The ETH/USD pair climbed over 8%, clearing the $2,200 zone and testing $2,245. Key resistance lies near $2,250, with further targets at $2,280 and $2,320. A move above $2,320 could push Ethereum toward $2,365 or $2,380.
On the downside, support is seen at $2,200 and $2,180. Failure to hold $2,180 may lead to a drop toward $2,150 or $2,100. Critical technical indicators remain bullish: MACD is rising, and RSI is above 50.