Ethereum's price has surged past the $2,200 mark, driven by strong bullish momentum. The cryptocurrency has seen an increase of over 8%, breaking through key resistance levels at $2,120 and $2,200. Currently trading above $2,180 and the 100-hourly Simple Moving Average, Ethereum is showing signs of further gains if it maintains its position above $2,150. The next resistance levels are identified at $2,245 and $2,250, with potential for further upward movement towards $2,280 and $2,320 if these are surpassed. However, if Ethereum fails to clear the $2,250 resistance, it may face a downside correction, with initial support at $2,200 and major support at $2,150.