Ethereum is preparing to break through $ 2,200

Ethereum ETH $1,842.74 Bridged Ether (StarkGate) -2.43% Market capitalization $0.16 billion VOL. 24 hours $0.69 billion has recently surpassed the $ 2,000 mark, which happened amid important changes to its test network.

The Ethereum Foundation announced the termination of the Holesky testnet on September 30, 2025, due to problems with its recovery. Instead, on March 17, a new test network called Hoodi was launched, which will now serve as the main environment for testing innovations before they are introduced to the main network.

Technical analysis and forecasts

Technical indicators point to the possibility of further growth in the ETH price. After breaking through the downtrend line that has been in place since late February, Ethereum is aiming to overcome the resistance level of $ 2,070. If successful, the next target could be $ 2,200. However, if the price fails to gain a foothold above $ 2,070, a pullback to support at $ 1,818 is possible.

Conclusion

The current growth of the Ethereum price indicates positive sentiment in the market, supported by technical factors and updates to the network infrastructure. Investors should closely monitor key support and resistance levels to make informed decisions about their investments.