Ethereum surges towards the $3000 mark, is a key resistance about to be broken?

Ethereum strongly rebounded after finding support at $2,440 and is currently targeting the key resistance at $2,650. The ETH price has broken through the $2,500 mark and has stabilized above the 100-hour moving average, showing clear bullish signs.

If it breaks through $2,620, the price is expected to continue its upward momentum, with short-term resistances at $2,650 and $2,720. If it breaks through $2,720, the next target is set at $2,840, and even hitting the $3,000 mark could be imminent.

However, if it fails to break through $2,620, ETH may pull back to the $2,525 support level, and further declines below $2,500 could reach the support zone of $2,440 or even $2,350.

From a technical perspective, the hourly MACD is in the positive zone, and the RSI is above 50, indicating a bullish trend. Holders should pay attention to the $2,500 support and the $2,620 resistance, and adjust their strategies flexibly.