$ETH The Ethereum (ETH) currency has recorded a strong increase over the past hours, rising from a strong support level at 1537.26 USDT to over 17%, reaching the current resistance at 1818.18 USDT. The price is now trading at 1803.67 USDT and shows strong buying momentum; however, as it approaches a critical resistance area, we may witness either a continuation of the rise or the beginning of a correction.

Positive scenario: A clear breakout above the level of 1818 could drive the price towards levels of 1870 – 1900 USDT.