Ethereum price rally pauses at $2.2K: What will trigger breakout?
A resurgence in institutional demand and spot ETF inflow return could put Ethereum price in a better position to overcome the next hurdle at $2,200. Ether’s (ETH) 9% rally on Monday stalled at $2,200 due to stiff overhead resistance and weak ETF demand. Still, technical and onchain setups suggested that upward momentum may increase as long as ETH stays above the $2,000 mark. Key takeaways: Ether bulls must flip the $2,200 level into new support.
No comments yet. Be the first to add a perspective.