Ethereum Bulls Sight New High In 2024 As BTC Pumps Above $45K

Ethereum Bulls Sight New High In 2024 As BTC Pumps Above $45K

Ethereum price is eyeing an upside break above the $2,440 resistance. ETH could rally like Bitcoin if there is a close above the $2,500 level.


  • Ethereum is moving higher from the $2,250 support level.

  • The price is trading above $2,350 and the 100-hourly Simple Moving Average.

  • There was a break above a major bearish trend line with resistance near $2,300 on the hourly chart of ETH/USD (data feed via Kraken).

  • The pair could accelerate higher if there is a clear move above $2,400 and $2,440.

  • Ethereum Price Eyes Key Upside Break


    Ethereum price found support near the $2,250 level and recently started a fresh increase. ETH managed to recover after Bitcoin pumped above the $44,400 resistance zone.


    The price cleared the $2,300 and $2,320 resistance levels. There was also a break above a major bearish trend line with resistance near $2,300 on the hourly chart of ETH/USD. The pair climbed above the 61.8% Fib retracement ..

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