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Ethereum Price Explodes Past $2,200 with 25% Surge—Momentum Builds Fast

Summary by NewsBTC
Ethereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance. The price is trading above $2,120 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it breaks the $2,2…
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NewsBTC broke the news in on Friday, May 9, 2025.
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