Momentum Builds as Ethereum Price Explodes Past $2,200 with 25% Surge

Ethereum has surged again, climbing above $2,200 after a sharp 25% rally. The bullish momentum continues to build, outpacing Bitcoin and signaling strong investor interest.

🔥 Ethereum Price Highlights:

ETH broke key resistance at $1,880 and $1,950, accelerating higher.

The price soared past the $2,000 psychological barrier and smashed through $2,200, hitting a high of $2,241.

Currently consolidating above the 23.6% Fibonacci retracement from the $1,752 low.

📈 Technical Overview:

ETH is trading well above $2,200 and the 100-hour SMA.

A positive trend line supports the price around $2,150 on the hourly ETH/USD chart.

The MACD is gaining momentum in the bullish zone.

The RSI remains comfortably above 50, suggesting continued bullish strength.

🔼 Resistance Levels:

Immediate: $2,240

Major Resistance: $2,250

Breakout Targets: $2,320 → $2,450 → $2,500–$2,550

A clear move above $2,320 could signal the next major leg upward.

🔽 Support Levels:

Initial: $2,200

Major: $2,150 (trend line + structure)

Further Downside: $2,075 → $2,020 → $2,000

A break below $2,150 could indicate a deeper pullback.