<ul><li>Ethereum surged over 5% to cross the $1,900 mark, signaling a potential bull run towards $2,400.</li><li>On-chain data supports a smooth climb for Ethereum to reach $2,000 and above, with positive momentum indicated by the MACD and signal lines.</li><li>The breaking of the 50-day EMA at $1,853 and the bullish engulfing candle formation suggest a strong breakout rally for Ethereum.</li><li>While the immediate price target stands near $2,000, further targets at $2,108 and $2,426 are possible if the bullish momentum in the market continues.</li></ul>

Ethereum Crosses $1,900, Sets Stage for $2,400 Breakout

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