Ethereum Price Rally :Far from Over, More Gains Ahead
Ethereum price extended its increase and tested $3,840. ETH is holding gains and seems to be eyeing a move toward the $4,000 level.
Today is a crucial day in the cryptocurrency market, as more than $14 billion worth of Bitcoin and Ethereum options are due to expire. Such a huge expiration may result in significant price changes and trading volumes. Currently, Bitcoin is trading at around $85,000, down by 3% from earlier this week.
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Ethereum Price Recovery Trails Behind Bitcoin’s Surge in Crypto Rebound
Ethereum price recovered above the $2,920 resistance. ETH is trailing Bitcoin and might struggle to continue higher above the $3,050 resistance.