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Ethereum Price Reclaims $2,600 Amid Delayed Upgrade and Complicated Recovery

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Ethereum's price has reclaimed $2,600 after a trendline that was tested four times in September held strong.

This trendline, which connected four lows between $2,355.20 and $2,382.33, became a critical decision point when the price returned to it.

The two rejections above $2,600 and a delayed upgrade are complicating Ethereum's recovery.

The expected upgrade, Glamsterdam, has failed to finalize on a development network due to complexities around the state gas dimension in the improvement proposal.

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