Will Ethereum (ETH), which successfully completed the Shapella update as of last night, continue its price increase?
After a 7-month break, Ethereum (ETH), which managed to exceed $ 2,000, became a medicine for the rise of the crypto market. The pioneer of altcoins, which came from $ 900 to $ 2,130, caught a lot of attention as the Shapella update was approached. ETH, which managed to maintain this interest after the update, also added strength to altcoins by approaching $ 2,130 during the day. Targeting even higher levels, ETH showed this situation by passing the psychological and technical resistance of $ 2,000, which is difficult to overcome.
Ethereum (ETH) Chart Analysis
ETH, which started an upward adventure from the weekly opening level of $ 1,860, reached the levels of $ 2,130 almost breathlessly. ETH, which started to attack again at the daily opening price of $ 2.010, can operate this level as support in a short time frame. Sequential supports in ETH are 1.942 – 1.913 and $1,860 levels. In order to witness the sharp rises of altcoins, it is of great importance that the $2,144 value is clearly exceeded.
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