Ethereum Defends $2,400 Support Amid Market Momentum
Ethereum (ETH) has seen a 2% increase in value over the past week, with buyers defending support at $2,400. This technical pivot is a key indicator of positive market momentum for DeFi and broader crypto adoption.
The price of Ethereum has a strong chance to make higher highs in the near term as long as this level holds. The 24-hour spot volume has seen a 21% increase, reaching $42.79B.