Other-News

Story: Ethereum Hits $2,255 as Bulls Target Key Resistance Level

By James Thorp

1 / 14

Foundation Announces Major Upgrades. The Ethereum Foundation dropped news on April 10 about planned network upgrades focused on…

2 / 14

Institutions Stay Cautious. Wall Street isn't rushing in just yet. JP Morgan put out a report on April 12 saying institutional…

3 / 14

Ethereum jumped to $2,255 in April 2026. The move marks a 7% gain for the month and puts the second-largest cryptocurrency back in focus for traders eyeing bigger moves ahead.

4 / 14

The rally comes as technical signals turn positive across multiple timeframes. MACD readings flipped bullish this week, while trading volume spiked 15% on Binance over the past…

5 / 14

Bulls aren't getting ahead of themselves yet.

6 / 14

Most analysts see $2,440 as the next major test for Ethereum. But that level has caused problems before, acting as a brick wall during previous rallies.

7 / 14

Vitalik Buterin talked about the upgrades at a blockchain conference on April 14. He said scalability fixes are "critical for supporting Ethereum's growing user base" and keeping…

8 / 14

Market data backs up the renewed interest. Glassnode reported that active Ethereum addresses rose 12% last month - a solid sign that more people are actually using the network.

9 / 14

Wall Street isn't rushing in just yet. JP Morgan put out a report on April 12 saying institutional interest remains "cautious" despite the recent rally.

10 / 14

Fidelity Digital Assets bucked that trend, announcing it would increase Ethereum holdings in client portfolios.

11 / 14

A CryptoCompare survey found 65% of retail investors bullish on Ethereum for the next quarter.

12 / 14

Ethereum's market cap hit $275 billion on April 14, keeping it firmly in second place behind Bitcoin.

13 / 14

Regulatory uncertainty continues to hang over the market. Nobody knows exactly what new rules might come down the pipeline, and that's keeping some big players on the sidelines.

14 / 14

The next few weeks will probably determine whether this rally has legs or runs out of steam near current resistance levels.

The Currency Analytics

Want the full story?