Ethereum Price Eyes $1,950 Breakout After Rebound From $1,800
The Ethereum price declined to $1,865 and is attempting a recovery after finding support near $1,800. ETH dropped below $1,850 and $1,820, hitting a low of $1,793 before starting a minor upward correction. It has since moved above $1,900 and the 100-hourly Simple Moving Average.
Key resistance levels are at $1,925 and $1,950. A break above $1,950 could push the price toward $1,965 and potentially $2,020. However, failure to surpass $1,950 may lead to a decline, with initial support at $1,900, followed by $1,870 and $1,845. The major support level remains at $1,780.
TheNewsCrypto02/25 06:38