Ethereum Price Seeks Momentum After Breakout to $2,535
The Ethereum price has experienced significant growth since June's $1,510 support level, where it formed a double-bottom pattern. The rebound took time to materialize, with the token struggling around the pattern's neckline from mid-July into mid-August.
However, late August saw a breakout that propelled ETH to $2,535. With this milestone achieved, the chart now presents its first real test for the Ethereum price.