#ETHMarketWatch Ethereum maintains an upward trend and
challenges resistance!
ETH had an upward movement, being traded at $2,734.23, with a gain of 5.9% yesterday. The asset is above the 50-day moving average, indicating strength in the market and potential for new highs.
Resistances: $2,950 is the next major obstacle; a breakout could take ETH to $3,000 and beyond.
Supports: $2,250 is a critical level; a drop below could signal weakness in the short term.
Fundamental factors: The Pectra upgrade improved scalability and reduced costs, reinforcing investor confidence.
Will $ETH maintain its appreciation or will we see adjustments before new advances?