Ethereum Trades Above $2,180 with Bullish Trend Line Support Near $2,100

Ethereum extended its recovery above $2,150, trading over $2,180 and the 100-hourly simple moving average after clearing resistance at $2,120 and $2,200, Kraken data show. The pair is tracking a bullish trend line with support around $2,100, while immediate resistance stands at $2,245, followed by $2,250, $2,280 and $2,320. On the downside, support is placed near $2,200, $2,180, $2,150 and $2,100, with a main support level at $2,050.