Ethereum officially broke the $ 2,000 mark, this will be unstoppable

The price of Ethereum (ETH) has officially set a new record high above $ 2,000.

Following the galloping increase of BNB juniors, recently Ethereum price is no less competitive when it broke the $ 2,000 mark. The second largest cryptocurrency by market cap is currently trading at $ 2,033 at press time.
That number has risen 30% since Feb. 2 when ETH established an all-time high above $ 1,500 at the time.

According to Cointelegraph analyst, Rakesh, said: “ETH has continued its uptrend by breaking above the resistance of $ 1,869 on Feb. 18. The Altcoin is moving towards the psychological level above $ 2,000, above The bears will not be able to stop the uptrend. ”

According to Rakesh, ETH is moving above the resistance line of the ascending channel, which if favorable, can push to the target of $ 2,515. The bullish moving averages and the RSI are in the overbought zone, signaling that the bulls are in command.