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.
Ethereum price is extended losses and tested the $2,940 support. ETH could start a fresh increase if it clears the $3,000 and $3,030 resistance levels.
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Ethereum price is eyeing an upside break above the $2,900 level. ETH must settle above $2,900 and $2,940 to continue higher in the near term.
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Bitcoin price managed to stay above the $60,000 support. BTC recovered and is now facing hurdles near the $63,500 resistance zone.
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Ethereum price is gaining bearish momentum below $2,950. ETH might continue to move down toward the $2,550 support in the near term.
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