Ether, the second largest cryptocurrency, recently reached a high of $2,218. After a sharp drop to $1,992.30 on March 4, the selling pressure has eased and the altcoin is currently at $2,222. If the current trend continues, it is expected to reach the 21-day SMA barrier and potentially break above the 50-day SMA, resulting in a peak price of $3,400. However, if it falls off the 21-day SMA barrier, it may fluctuate between the support at $2,100 and the barrier. Resistance levels are at $4,000 and $4,500, while support levels are at $3,500 and $3,000. Overall, the analysis suggests a potential rise in Ether's price once it crosses the $2,500 threshold.



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