ETH Price Surges 15% in 24 Hours: Can Ethereum Break the $1,900 Resistance?
ETH price surges 15% in 24 hours, outpacing Bitcoin. Can Ethereum maintain momentum and push toward $2,000?
With a 15% price increase over the past day, Ethereum (ETH) has rebounded, aiding the second-largest cryptocurrency in regaining crucial market dominance levels.
After plunging below $1,400, ETH is currently trading above $1,800, which has traders feeling more optimistic.
The ETH market is clearly showing signs of recovery alongside the recovery of the broader cryptocurrency market, with resistance levels in the Ethereum price now in view and a short squeeze driving the rise.
Let’s examine what is behind this increase and what Ethereum’s future holds.
