Is Ethereum Gearing Up for a Breakout?

Ethereum (ETH) is showing solid signs of strength as it holds firm above the $1,630 level.

Ethereum chart (Source Trading View)

 After a period of sideways movement, the price appears to be consolidating, often a signal that a major move could be near.

Currently, ETH is eyeing a potential breakout above the $1,690 resistance zone. 

If that happens, we could see a push toward the $1,770 mark, and possibly even $1,850 in the short term.

Key Levels to Watch:

• Support: $1,625
• Resistance: $1,670–$1,680

As long as Ethereum remains above the $1,600 threshold, bullish momentum is likely to stay intact. 

Traders and investors are keeping a close eye, as a breakout might be just around the corner.

Stay tuned, Ethereum could be setting up for its next big move.