Ethereum Stands Tall Above $2,400 with $2,823 Target in Sight

Ethereum has been holding strong above $2,400, but a price target of $2,823 is now on the table for ETH.

According to market data, there are intense sell orders in the $2,550 and $2,600 ranges.

If Ethereum's support at $2,400 holds up, it could pave the way for a push towards $2,700.

A weekly outlook shows that the return of the $2,300 to $2,400 price range has helped bolster the market.