Ethereum Breaks Above $2,200 as Key Indicators Turn Green

Ethereum has broken through $2,200 for the first time in recent sessions, surging over 8% and clearing multiple resistance levels.

The rally began after ETH pushed past the $2,050 zone, following a broader recovery pattern similar to Bitcoin (BTC).

Bulls drove the price above 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.