Ethereum Price Tests Its Important Level! Is ETH Price On A Path Of Rally?
ETH price experienced a jump of over 2.5%, resulting in the price trading just above the important resistance level of $2,000....
- The cryptocurrency market gained approximately 2% in value over the weekend.
- Bitcoin reclaimed the $37,000 level, while Ethereum experienced a jump of over 2.5% and traded just above the important resistance level of $2,000.
- Ethereum broke out of multiple resistance levels after trading sideways for two weeks.
- The price of Ethereum reached a new yearly high of $2,137 before losing momentum and trading negatively.
- The Moving Average Convergence Divergence (MACD) indicates increased price action for Ethereum.
The article provides a positive outlook for the cryptocurrency market, highlighting the gains in value and the potential for Ethereum to regain momentum.