Ethereum’s 19% Surge Breaks $2,200 – Can It Reach $2,500?

1 month ago 17

Rommie Analytics

The move also changed the daily technical map: $2,100 has shifted from resistance to the first level buyers need to defend. The bigger test now sits on the weekly chart, where ETH is approaching resistance it has yet to clear.

The daily breakout put $2,100 below price

Before the rally, ETH had been trading between roughly $1,870 and $1,900. The daily 50-day and 100-day SMAs sat near $1,865, while the 200-day SMA stood at $2,000

A TradingView daily chart for Ethereum (ETH/USD) on Coinbase showing a sharp price surge clearing multiple Fibonacci retracement levels in mid-August 2026. Read Entire Article