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Ethereum (ETH) Price: Breaks Above Bearish Trend Line at $2,540 Level

  • Ethereum price found support at $2,463 and surged above $2,500 and $2,520 levels.
  • ETH broke a bearish trend line at $2,540 and is currently above the 100-hour moving average.
  • Next resistance is seen near $2,600, with major hurdles at $2,630 and $2,650 levels.
  • Technical indicators depict bullish momentum, with MACD strengthening and RSI above 50.

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