Ethereum Stuck Below Key Resistance Zone
The Ethereum price continues to struggle below the $1,936, $1,948 resistance zone, leaving bulls struggling to extend their recent recovery.
Despite several attempts to push higher, ETH faces selling pressure around this key barrier, raising questions over whether buyers can finally gain enough strength to break above it.
The RSI is hovering around the 50 level, showing little upward movement after ETH's recent recovery, indicating that buying momentum has stalled.