Ethereum Price Rebounds Near Resistance Zone at $2,550
Ethereum's price rebounded nearly 6% from its 24-hour low to trade near $2,524 on September 4.
The recovery brought ETH back to a resistance zone that has rejected several breakout attempts. This zone lies around $2,550 and is supported by significant liquidation clusters.
Analyst Ted Pillows believes a weekly close above $2,550 could open a path toward $3,000 for Ethereum.