Ethereum Price Rockets Above $2,200 as Bulls Tighten Market Control

Ethereum price surged above $2,200 following an 8% rally, with bulls maintaining control and potential for further gains toward $2,250-$2,280. Technical indicators show bullish momentum with key support at $2,150 and resistance at $2,250.

• →Ethereum rallied over 8% and broke above the $2,200 resistance level with strong bullish momentum
• →Price is trading above key technical levels including the 100-hourly SMA and 76.4% Fib retracement
• →Next resistance targets are $2,250, $2,280, and potentially $2,320-$2,380 if bulls maintain control
• →Key support levels sit at $2,150 with major support at $2,100 and $2,050
• →Technical indicators including MACD and RSI are showing bullish signals above key thresholds