#ETHCrossed2500 Ethereum crossed the $2500 level!
Today Ethereum broke an important resistance level when it traded above $2500, as is clear in the image – the price made a high of $2603.26. Due to this surge, the price of Ethereum increased by 5.47% in 24h. Volume also reached $34.93B which shows strong buying interest.
This pump can be attributed to recent bullish sentiment and institutional buying, which is happening in view of Ethereum's future upgrades and scalability solutions (such as Ethereum 2.0). Ethereum's market cap has increased to $300.38B, which puts it at #2 after Bitcoin.
If the momentum remains strong, Ethereum can go up further in the next few days. But profit booking can also happen, as the correction is visible in the chart.
Did you miss ETH's rally?