Ethereum clears $2,080 resistance, trades above $2,050, targets $2,150 breakout

Ethereum reclaims $2,050 and the 100‑hour SMA. Bulls cracked the $2,080 channel and tested $2,135.

Price holds above $2,050. Momentum stays positive while above the 100‑hour SMA.

Move mirrors Bitcoin’s rebound, per NewsBTC’s BTC update.

NewsBTC’s ETH chart flagged a break above a declining channel at $2,080. Price retraced past the 61.8% Fib of the $2,200 → $1,912 drop and tagged the 76.4% level. Hourly MACD is in the green. RSI sits above 50.

Key levels for Ethereum (ETH):
- Resistance: $2,135; $2,150; $2,220; $2,250; $2,320–$2,340
- Support: $2,080; $2,050; $2,000; $1,950; $1,920

A close above $2,220 opens $2,250, then $2,320–$2,340. A drop below $2,050 risks $2,000, then $1,950–$1,920.