Crypto
Ethereum Surges Above $2,200 as Bulls Gain Momentum
Ethereum's price surged more than 8% to break above $2,200 for the first time in recent sessions.
The rally began after Ethereum pushed through the $2,050 zone, following a broader recovery pattern similar to Bitcoin.
The move extended to $2,245, hitting the 1.236 Fibonacci extension of the prior decline from $2,209 to $2,062.
Tech indicators are reinforcing the bullish case, with the hourly MACD and RSI signaling that buying pressure currently outweighs selling.