Ethereum Jumps 6.6% to $2,422 and Retests Its Recent Range High
As seen on the 24/7 Wall St. homepage on November 5, 2026.
Ethereum's 6.6% jump to $2,422.27 claws back the ground lost over the past two weeks and puts it back near the top of its recent range. Anyone sizing crypto exposure gets a fresh test of whether this level holds.
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Ethereum closed at $2,422.27 on November 4, 2026, up 6.6% in a single session. That one-day recovery compresses two weeks of losses into a single move.
That price sits near a level Ethereum touched before a sharp leg lower earlier in the year, so reclaiming it after a prolonged slide carries a different signal than a bounce off a fresh low.
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Ethereum had been grinding lower from levels closer to $2,753, and the two weeks before this move produced a string of closes that offered little encouragement. The session resets that narrative quickly.
This level has been tested from both sides over recent months, so how Ethereum behaves in the sessions immediately following this jump will tell investors more than the jump itself did.
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Mentioned: ETH