Ethereum Price Faces Strong Resistance Near $2,214

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Ethereum Price Faces Strong Resistance Near $2,214Ethereum / USDBINANCE:ETHUSDsahanavvFrom a technical perspective, Ethereum is currently trading within a key range between $1,914 and $2,214, according to the latest price structure. The $2,214 level has emerged as a crucial resistance, closely aligning with the broader $2,200 supply zone where previous rallies faced rejection. A breakout above this level could open the door for a move toward the next resistance near $2,360–$2,400. Momentum indicators also show early signs of recovery. The Relative Strength Index (RSI) has climbed above the neutral 50 level, indicating improving bullish momentum. Meanwhile, the Chaikin Money Flow (CMF) is stabilizing, suggesting that capital inflows are gradually returning to the market. However, if Ethereum fails to clear the $2,214 resistance, the price may continue consolidating between $1,914 and $2,200 in the near term.