Ethereum Breaks Above $2,560, Holds Support; Next Target $2,760
Suehyeon Lee
Summary
- Ethereum (ETH) has raised the prospect of further gains after breaking above $2,560 and confirming that level as support.
- Ali Martinez said Ethereum successfully retested $2,560 after moving above it, turning the level into support.
- He presented $2,760 as the next major price target if Ethereum’s upward momentum continues.
Forecast Trend Report by Period
Ethereum (ETH) has raised the prospect of further gains after breaking above $2,560 and confirming that level as support.
Crypto analyst Ali Martinez wrote on X on September 20 that Ethereum’s breakout had been confirmed. After moving above $2,560, it successfully retested the level and turned it into support.
He added that Ethereum has resumed its upward momentum and said $2,760 is the next major target if the breakout remains intact.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.