Ethereum just broke out of its 6-month downtrend at $2,340, a 12% move from its recent lows.
Current prices: $BTC +0% 24h, $ETH +0% 24h, $BNB +0% 24h, $SOL +0% 24h.
Ethereum broke out of its descending channel, a key resistance at $2.4k, after six months of correction, this is a significant move, with $2,340 as the breakout point, and $2.8k as the potential next target.
Support at $2,200, resistance at $2,500.
Bullish call, target $2,800.