ETH Price Breaks Above $2.7K Resistance, Eyes New High at $3K
Ethereum's recovery from its September lows has continued, pushing prices above $2.7K and strengthening the short-term structure.
The daily chart shows a clear rebound from around $1.5K, with ETH reclaiming both $1.9K and decisively breaking above $2.1K resistance.
However, momentum may be cooling as Ethereum approaches another major resistance zone, which could signal caution for traders monitoring token performance and DeFi/CEX flows.