Ethereum Price Analysis: ETH Rejected at $2.5K Again – What Happens Next?
Ethereum has staged a sharp recovery from the June lows and is now consolidating below $2.5K after reclaiming several important technical levels.
The daily structure has improved materially, but ETH is still struggling at a key resistance area, while the latest taker-flow data suggests that aggressive buying has not yet fully confirmed the move.
Ethereum Price Analysis: The Daily Chart The daily chart shows a clear structural recovery from the $1.5K area. ETH subsequently reclaimed the $1.9K zone and pushed above the $2K mark, with the latest impulsive move taking price toward $2.5K.
The most important development is the price moving above the previous swing-high area around $2.45K and finally creating a higher high after months of decline.
This page shows the RSS-provided summary/preview. Full publisher content remains available at the original source.
Read Full Article at Source