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Ethereum Breaks $2,400 Resistance as Key Indicators Flash Strong Buy Signal

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The Story

News Summary

  • Ethereum surged 34% over 30 days, breaking above its 200-day EMA and $2,400 resistance.
  • Driven by Treasury liquidity, regulatory clarity, and bullish on-chain MVRV and RSI signals, analysts target $2,800 near-term and potentially $5,000 over the next 6 to 12 months.
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ETHUSD price history

2388.98 +23.20% over the displayed period

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