
Ethereum's price has broken out of a bull flag pattern near $2,370, indicating renewed upward momentum after a period of consolidation. The price holds above key support at $2,381 and faces resistance between $2,400 and $2,460, with potential targets at $2,577 and $2,772. Technical indicators like the MACD and RSI suggest strengthening buying pressure, projecting a possible rise toward $2,800 to $3,000. Maintaining support above $2,300 is crucial to sustain this bullish trend.