Ethereum Breaks $2,400 Barrier, Eyes $2,500 as AlphaPepe Gains Attention

Ethereum's price has broken above $2,400 and is now targeting $2,500 as buyers return to the market. The second-largest cryptocurrency by market capitalization has gained over 2% in the past day, with its price moving between $2,396 and $2,507.

The move above $2,400 is significant because it had acted as a barrier during earlier recovery attempts. If Ethereum can hold above this level and break through selling pressure around $2,500, it could open the route toward $2,700 and eventually $3,000.

AlphaPepe, a project still in its presale phase, is attracting buyers looking for an earlier entry point into the market cycle. The project has raised $2.49 million and attracted over 11,100 holders, with its token available at $0.02789. The presale's Bonus Drop feature also offers qualifying buyers up to 200% extra tokens.