Ethereum Price Charges Higher, $2,150 Resistance Under Threat

Ethereum price has recovered above $2,020 and is targeting the $2,150 resistance level after breaking above a key bearish trend line at $2,065. ETH is currently trading above $2,080 and the 100-hourly moving average, with bullish momentum indicated by technical indicators.

• →Ethereum broke above a key bearish trend line at $2,065 and is now trading above $2,080
• →The immediate resistance target is $2,150, with potential upside to $2,220 and $2,350 if cleared
• →ETH outperformed Bitcoin in the recent recovery move from the $2,017 low
• →Technical indicators including MACD and RSI are showing bullish momentum
• →Failure to break $2,150 could trigger a decline back to $2,065 or $2,020 support levels