Ethereum Surges Past $2,400, Cardano Fails to Break Key Resistance

Ethereum (ETH) closed another week in the green after pushing above $2,400, ending 6% higher. It's a significant milestone for ETH as it marks the first time since 2025 that it has made a higher high, halting the downtrend and positioning itself for a sustained rally.

Bulls are now looking to consolidate their recent gains after the massive rally from the $1,500 level. Defending $2,400 as support is key to achieving this goal, while the current resistance remains at $2,800.

Looking ahead, ETH's price action is bullish, but it's unclear how far bulls can take it before showing signs of weakness.