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Ethereum Eyes 15% Move Amid Key Resistance Retest – Breakout Or Rejection Next? Newsbtc 2 săptămâni în urmă

Ethereum Eyes 15% Move Amid Key Resistance Retest – Breakout Or Rejection Next? 📈

Ethereum (ETH) is experiencing significant movement as it retests a crucial resistance level amid a 3% recovery.

The cryptocurrency's price trajectory has been stagnant, unable to sustain a bullish trend since its breakout in early May.

Currently trading between $2,475 and $2,680, Ethereum has struggled to turn recent gains into lasting support, though some analysts forecast a 15% surge if the resistance is broken. If rejected, a drop to $2,300 may occur.

Comparison with Bitcoin's past price action suggests Ethereum could reach new highs, with some believing it mirrors Bitcoin's 2020 rise.

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