$ETH
As of February 22, 2025, Ethereum (ETH) is trading at approximately $2,769.77.
Recently, Ethereum experienced a bullish crossover, with the 50-day moving average surpassing the 200-day moving average, suggesting potential upward momentum.
However, Ethereum faces critical resistance around $2,850. A decisive move above this level could pave the way toward the $3,000 mark.
Monitoring on-chain metrics, such as significant transfers to and from exchanges, can provide insights into market sentiment and potential price movements.
In summary, while technical indicators point toward a possible bullish trend, traders should remain cautious of key resistance levels and stay informed through continuous market analysis.