Recently, Ethereum (ETH) tested the resistance zone of $1,852 - $1,887 but failed to break through. However, if there is a successful breakthrough above the resistance level, it could be a bullish signal. It appears that the cryptocurrency market, in general, is on an upward trajectory, and we might witness a breakthrough soon. You may consider opening a long position either around the support zone of $1,747 - $1,712 or after a successful breakthrough above the resistance level.
