Ethereum price has finally broken the $2,000 resistance. The move marks a new yearly high and an 8-month high in price.
Ethereum has finally managed to break the $2,000 resistance and continues to hold relative strength at this level.
The recent Shapella upgrade would finally allow users and validators to finally withdraw their staked ETH on the network. Following the successful upgrade. Price has appeared to turn bullish once again. Finally triggering bullish momentum into a new yearly high for the number two cryptocurrency by market capitalization.
Ethereum Climbs in 2023
The latest price sees ETH climb nearly 70% in 2023. Climbing from under $1,200 in January. The steady price increase sees ETH back at its August 2022 high set eight months ago.
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Source: https://beincrypto.com/eth-price-breaks-2000-resistance/