The post Ethereum (ETH) Price Prediction: ETH Tests $2,400 Resistance as Breakout Strength Builds, but Risks Remain Open at $2,100 appeared on BitcoinEthereumNews.com.

Ethereum price tests $2,400 resistance after a strong breakout, with key support at $2,200 and mixed signals from CME gap risk and whale positioning shaping the next move. Ethereum price is showing strength as it outpaces the broader market, recently pushing higher and testing the $2,300–$2,400 resistance region after a strong breakout move. According to Brave New Coin data, ETH is currently trading near $2,332, with steady intraday structure and rising participation. The recent move reflects a shift from consolidation into expansion, but price is now approaching a historically reactive supply zone. Ethereum Breakout Structure Pushes Price Towards Key Resistance Market analysis shared by Trader Symba highlights that Ethereum price has already moved nearly 19% higher following its breakout, confirming strength after clearing its prior consolidation range.   Ethereum reclaims $2,200 support after a 19% breakout rally, with $2,400 emerging as the next key resistance level. Source: Trader Symba via X The chart shows ETH reclaiming the $2,200 region, which now acts as a key support base, while immediate resistance is forming near $2,400. If price sustains above this reclaimed level, the next upside targets remain positioned around $2,500–$2,600, aligning with prior supply zones. However, the structure still requires confirmation through continuation. Holding above $2,200–$2,250 remains essential to maintain the bullish breakout narrative. $2,400 Resistance Zone Could Trigger Fakeout Scenario Despite the recent strength, Ted Pillows points out that Ethereum is now approaching a critical resistance zone near $2,400, which has historically acted as a rejection area. According to the analysis, a potential fakeout above $2,400 could occur before a broader move lower, suggesting that the current rally may still face exhaustion if buyers fail to sustain momentum above this level.   Ethereum approaches the $2,400 resistance zone, where a potential fakeout and stacked supply levels could trigger rejection and…

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Filed under: News - @ March 18, 2026 1:21 am