Ethereum Price Surges with Golden Cross as Hegotá Upgrade Plans Unfold

The Ethereum price has formed a golden cross, a technical signal that indicates buying pressure may be building. This development has added to the growing attention around ETH crypto.

According to MikybullCrypto, the last golden cross produced a gain of more than 90%. However, this past move does not mean Ethereum will repeat the same performance this time.

The current price is testing resistance at $2,530. Crypto Patel notes that ETH crypto has been moving inside a defined range after its sharp move higher and repeated attempts to break the upper boundary have so far failed.

Researchers from the Ethereum Foundation are also working on the network's next major changes. They have published two new posts covering the proposed Hegotá upgrade and its wider technical priorities.