# FxWirePro- Ethereum Daily Outlook By Sheena Jordan Canonical URL: https://www.tokenpost.com/news/investing/11287 Published: 2024-02-21T12:27:25.000Z Updated: 2024-02-21T12:27:25.000Z Section: Investing > ETHUSD crossed the psychological resistance of $3000 for the first time since Apr 2022. It hit a low of $3032 yesterday and is currently trading around $2903.50. ETHUSD crossed the psychological resistance of $3000 for the first time since Apr 2022. It hit a low of $3032 yesterday and is currently trading around $2903.50. The upcoming Cancun upgrade and speculation of ETH ETF approval pushing the pair higher. The intraday bullishness can be seen if it closes above $3000. On the higher side, the near-term resistance is $3000. Any significant jump above the target of $3200/$35550. Significant bullish continuation only above $3555. The immediate support is around $2870. Any intraday break below will drag the pair to $2800/$2725/2670/$2575/$2500. Any breach below $2470 confirms bearish continuation. A dip to $ 2400/$ 2350 is possible. A violation below $2100 will drag the Ethereum to $1870. It is good to buy on dips around $2840-45 with SL around $2700 for TP of $3500. [TokenPost]() | info@tokenpost.com ## Links in this article - [TokenPost](https://www.tokenpost.com)