Markets· ★★★· bullish·

ETH hits local high, flips prior resistance into support

  • —ETH rose to $2,807, turning prior resistance at $2,438 into support
  • —Weekly RSI climbed to 64; a break above $2,920 opens the path to $3,400
  • —Daily RSI shows bearish divergence as trading volumes decline
  • —A drop below $2,440 risks a test of the $1,950–2,000 range
Why it matters: Breaking a multi-month resistance shifts ETH's trend structure, though daily-chart divergence keeps retracement risk alive.
Source: BeInCrypto RU