Ether Surges 21% from March Low, Faces Potential Resistance Zone

Ether has experienced a notable increase, rising 21% from its March 29 low to reach $2,340 on Monday. According to NS3.AI, this upward movement has pushed the cryptocurrency above its realized price of $2,320. Cost basis data indicates that approximately 7.1 million ETH was acquired at prices between $2,750 and $2,850, which may form a potential resistance zone for further price movements.