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Analyst, if ETH breaks through the $2,470 resistance level, it is expected to rise to $2,600.
Mars Finance News, analysts point out that Ethereum (ETH) has recently rebounded from the $2200 support level, which also coincides with the resistance level before the end of March, the lower band of the daily Bollinger Bands, and the 38.2% Fibonacci retracement level of the upward impulse wave i. The current price is approaching the key resistance level of $2470 (the previous endpoint of the upward impulse wave i). The report states that, given the active (iii) wave and the strong momentum of wave 3, as well as the overall bullish sentiment in the crypto market, if ETH breaks through the $2470 resistance level, it is expected to rise to the next resistance level of $2600.