#ETHCrossed2500 Ethereum has indeed crossed the $2,500 mark. According to the latest data, the current price of Ethereum is around $2,516.21, with a 6.35% increase in the last 24 hours. This surge is attributed to several factors, including¹ ² ³:

- *Pectra Upgrade*: The successful implementation of the Pectra upgrade has significantly enhanced Ethereum's capabilities, rebuilding investor confidence and improving staking efficiency.

- *Increased Institutional Interest*: Total Value Locked (TVL) in Ethereum has jumped 41% to $52.8 billion, with notable purchases from firms like Abraxas Capital.

- *Positive Market Sentiment*: The broader market sentiment has shifted bullish, with a trade agreement between the US and UK contributing to the overall market optimism.

*Key Resistance Levels*

- $2,500: A crucial resistance level that Ethereum needs to breach to continue its upward trend.

- $2,800: The next significant resistance level, with potential headwinds from investor profit-taking.

- $3,000: A psychological barrier that could be reached if Ethereum sustains its current momentum.⁴

*Technical Indicators*

- Relative Strength Index (RSI): Shows rapid acceleration of bullish momentum, currently testing its neutral level.

- Moving Average Convergence Divergence (MACD): Testing its moving average line and neutral level, with a potential bullish crossover.⁵