Ethereum Price Rebounds to $2,500: Is There More Room to Climb?
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Ethereum price experienced a significant rebound, moving up over 10% from the $1,910 zone and consolidating near the $2,500 level. This recovery wave saw ETH surpass key levels of $2,250 and $2,400.
The price is currently trading below $2,650 and faces hurdles around $2,550 and $2,680. A close above $2,650 could push the price to $2,850 and potentially $3,000.
However, if Ethereum fails to break past $2,550, it may decline again. Initial support lies at $2,365, followed by $2,250. Further declines could push the price to $2,050 or $1,920.
Source: www.newsbtc.com ↗
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