NewsBTC
Feb 26, 2026
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BULLISH 📈 : Ethereum Price Surges Over 15%, Faces Resistance at $2,150

Ethereum has experienced a significant rally, surpassing the $2,000 resistance level and reaching a high of $2,158. However, it is now correcting from these gains.

  • ETH moved above the $1,950 zone, breaking a bearish trend line at $1,920.
  • The price is currently trading above the 100-hourly Simple Moving Average.
  • A sharp downside correction brought the price below the 23.6% Fib retracement level of its recent upward move.

Current Price Dynamics

  • Ethereum remains above $2,000, with immediate resistance near $2,080.
  • Key resistances lie at $2,120 and $2,150; breaking these could push the price toward $2,200 to $2,320.

Ethereum Chart

Potential Decline

  • If ETH fails to break $2,120 resistance, it may decline.
  • Initial support is around $2,000, with major support at $1,975.
  • A drop below $1,975 could lead to further declines toward $1,930 or $1,880.

Technical Indicators

  • Hourly MACD: Losing momentum in the bullish zone.
  • Hourly RSI: Positioned above 50.
  • Major Support Level: $1,975
  • Major Resistance Level: $2,150