Amazing Breakthrough! Ethereum is about to reach the $2000 mark, and the price surge is unstoppable!
Recently, the price of Ethereum has broken through the $1,800 mark, starting a new round of increases. ETH is trying to break through the key resistance level of $1,850. If successful, $2000 will be within reach. Currently, ETH continues to rise and has broken through the resistance level of $1,820, while forming a bullish trend line with support at $1,810.
If it breaks through $1,850, ETH may continue to advance towards $1,920, and even challenge $2,000. If the market remains strong, a historical high of $2,050 may be seen in the coming days.
However, if it fails to break through the resistance level of $1,850, ETH will face a correction, with support levels around $1,810 and $1,780. If it falls below these support levels, the price may dip to $1,750 or even $1,665.
From a technical perspective, ETH's MACD shows strong momentum in the bullish zone, while the RSI remains above 50, further supporting the upward trend.