Ethereum Rises to $2,443 as Analysts Eye Crucial Resistance Level

Ethereum (ETH) continues its upward trajectory, with prices reaching $2,443.79 as of August 23, 2026. This represents a 1.34% increase over the past 24 hours, according to data.

The key resistance level to watch is at $4,811.71, which analysts believe could hold the key to further gains. Crypto analyst JAVON MARK points out that ETH has gained approximately 55% since reclaiming a post-breakout support zone, suggesting renewed buying pressure.

A recent surge in whale activity on Binance saw over 54,700 ETH worth $121 million withdrawn from the exchange. This could be a sign of demand for Ethereum as holders choose to keep their coins rather than sell them.