Ethereum Blasts Past $2,200 Amid Bullish Momentum

Ethereum's price has broken through multiple resistance levels and is trading above $2,200 for the first time in recent sessions.

The surge began after Ethereum pushed through the $2,050 zone, following a broader recovery pattern similar to Bitcoin. From there, bulls drove the price past the $2,120 resistance and the 76.4% Fibonacci retracement level of the prior decline from $2,209 to $2,062.

The move extended to $2,245, hitting the 1.236 Fibonacci extension of that same downward swing. Ethereum was last trading above $2,180 and the 100-hourly Simple Moving Average.

Immediate resistance now sits at $2,245, with the next key level at $2,250. A break above $2,280 could open the path toward $2,320, with further upside targets at $2,365 and $2,380.