Price Movement: $ETH is currently trading at approximately $2,591.56, reflecting a 6% increase in the past 24 hours. This surge follows a period of consolidation, with $ETH breaking out from a tight range. Analysts suggest $2,700 is now a key target, with potential resistance at $2,594 and $2,687. If momentum continues, $ETH
could aim for $2,897, supported by a bullish Moving Average Convergence Divergence (MACD) signal on the 4-hour chart and a Relative Strength Index (RSI) of 65.82, approaching overbought levels. However, a drop below $2,520 could signal short-term consolidation.