Ethereum holds above $2,320, targets $2,400 breakout to extend rally

Ethereum holds $2,320 and the 100‑hour SMA. Price consolidates under $2,380. A clean break over $2,400 opens $2,440–$2,500.

Bulls defended $2,220 and reclaimed $2,250 and $2,300 for Ethereum (ETH).

Price trades above $2,320 and the 100‑hour SMA, with a contracting triangle capping $2,380 on ETH/USD. Source.

Last swing high hit $2,417. Pullback tested $2,350 and dipped through the 38.2% Fib of the $2,180–$2,417 leg. Source

Break over $2,400 targets $2,440 first. Then $2,500–$2,550 if momentum holds. Source

Rejection risks a move to $2,330. Then $2,295, $2,265, $2,230, and $2,200. Source

• Resistance $2,380, $2,400, $2,440, $2,500–$2,550
• Support $2,330, $2,295, $2,265, $2,230, $2,200
• Indicators MACD bullish; RSI above 50 NewsBTC