ETH Pops Above $2K But Are the Bears Gone for Good? (Ethereum Price Analysis)

Technical Analysis By GreatestTrader Ethereum’s recent forceful upswing encountered resistance upon reaching a critical price region, encompassing the $2K threshold and the upper boundary of an ascending wedge. This resulted in a phase of consolidation correction, retracing towards the 100 and 200-day Moving Averages (MAs). The Daily Chart A comprehensive analysis of the daily chart