Ethereum stays above $2,360 support, targets $2,400 breakout and $2,500

Ethereum holds above $2,360 and the 100-hour SMA. Price consolidates near $2,380 and tests $2,400.

Ethereum kept $2,300 support and pushed to a $2,398 high. The move mirrored Bitcoin strength noted by NewsBTC (source). ETH trades above $2,355 and the 100-hour SMA, with a bullish trend line at $2,360 on the Kraken hourly chart (source).

Immediate resistance sits at $2,380. Key barriers are $2,400 and $2,440. A clean break can target $2,500, then $2,550–$2,565 (source).

Failure at $2,400 risks a pullback. Supports: $2,360 trend line, $2,340, $2,310. Deeper levels: $2,265 and the main $2,220 floor (source).

- Recent range: $2,220 low to $2,399 high (23.6% Fib retrace briefly undercut) (source)
- Indicators: MACD gaining bullish momentum; RSI above 50 (source)
- Major support: $2,360
- Major resistance: $2,400

Headline: Ethereum holds $2,360, eyes $2,400 breakout