Ethereum Resistance Zone: Breaking Down the Key Levels
Ethereum's price has been testing the key resistance zone at $2,567, and analysts believe it could push towards $2,750 if it breaks through this barrier.
The cryptocurrency has been trading near $2,500 after buyers defended the lower end of its current range, showing resilience in the face of recent uncertainty.
Ethereum's daily chart shows a slight advantage for buyers since its breakout from the $1,850 to $1,920 accumulation range. However, the price has been met with selling at higher prices, and no daily close has held decisively above this band.