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Ethereum breaks above $2,550 resistance, aiming for $2,700 and beyond amid rising institutional demand.

Market News
21 Sep 2026
Coinpaper
View Source
Bullish
Ethereum breaks above $2,550 resistance, aiming for $2,700 and beyond amid rising institutional demand.

Ethereum (ETH) has surged from below $2,400 to above $2,550, clearing a key resistance zone and now testing the $2,650–$2,700 range. This breakout is supported by renewed institutional demand, including positive inflows into U.S. spot Ethereum ETFs and significant staking activity, with about 35% of ETH staked and exchange balances at multi-year lows. The next targets for ETH are $2,700, then $2,800, and potentially the psychological $3,000 level, provided it maintains momentum above $2,550. A drop below $2,550 could weaken this recovery trend.

Ethereum is trading at Rp48.446.282 on Pluang as of Sep 21, 2026 18:32 WIB, showing a 6.57% increase in the last day. The market cap stands at Rp5.912,42 trillion with a 24-hour volume of Rp326,12 trillion. Despite the recent surge, Pluang order activity leans heavily towards selling at 75%, with typical holders keeping ETH for about 106 days.

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