Ethereum Price Climbs Gradually, Can Bulls Break $2,400 Barrier?

📄Full Article· Automatically extracted by trafilatura2602 words

Reason to trust How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum price started a fresh increase and remained stable above $2,365. ETH is now consolidating and might aim for more gains if it clears $2,400. - Ethereum started a steady increase above the $2,365 zone. - The price is trading above $2,370 and the 100-hourly Simple Moving Average. - There was a break above a contracting triangle with resistance at $2,320 on the hourly chart of ETH/USD (data feed via Kraken). - The pair could continue to move up if it stays above the $2,330 zone. Ethereum Price Aims for Fresh High Above $2,420 Ethereum price managed to stay above the $2,320 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,350 and $2,365. There was a break above a contracting triangle with resistance at $2,320 on the hourly chart of ETH/USD. The price even climbed toward $2,400. A high was formed at $2,404, and the price is now consolidating gains. It is holding gains above the 23.6% Fib retracement level of the upward move from the $2,286 swing low to the $2,404 high. Ethereum price is now trading above $2,370 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,330, the price could attempt another increase. Immediate resistance is seen near the $2,400 level. The first key resistance is near the $2,420 level. The next major resistance is near the $2,450 level. A clear move above the $2,450 resistance might send the price toward the $2,500 resistance. An upside break above the $2,500 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,550 resistance zone or even $2,565 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,400 resistance, it could start a downside correction. Initial support on the downside is near the $2,345 level or the 50% Fib retracement level of the upward move from the $2,286 swing low to the $2,404 high. The first major support sits near the $2,330 zone. A clear move below the $2,330 support might push the price toward the $2,285 support. Any more losses might send the price toward the $2,250 region. The main support could be $2,200. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,330 Major Resistance Level – $2,400

Data Status✓ Full text extractedRead Original (NewsBTC)

🔍Historical Similar Events· Keyword + Asset Matching6 items

2026-04-23

These 3 Ethereum metrics favor an ETH price rally to $6K

2026-04-23

Ethereum Faces ‘Moment Of Truth’ As Price Eyes $2,450 Resistance – Breakout Loading?

2026-04-22

Ethereum Price Struggles To Gain Pace, Recovery Remains Fragile

2026-04-17

The Hidden FVG Zone That Says Ethereum Price Could Rally To $10,000

2026-04-26

The Ethereum Golden Triangle That Has Predicted Every Move Shows Where Price Is Headed