The Major Resistance Level
Ethereum briefly broke its major resistance at $2,525 but retreated below. A solidification above this level could signal an initial target of $3,000.
1/21/20241 min read
![Ethereum analysis - Brief breakthrough of $2,525 resistance, retreat, and potential for $3,000 as th](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=1018,h=586,fit=crop/mP4DRvxXEycnaE1Q/2-AoPN05wVJDCBLOxO.png)
![Ethereum analysis - Brief breakthrough of $2,525 resistance, retreat, and potential for $3,000 as th](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=328,h=189,fit=crop/mP4DRvxXEycnaE1Q/2-AoPN05wVJDCBLOxO.png)
Ethereum momentarily succeeded in breaking through its major resistance level of $2,525 but subsequently retreated below it. Should the price solidify above this resistance level, its initial target is projected to be $3,000.