Ethereum maintains upward momentum.. Support at $1530 under observation

The current price of Ethereum is around $1810, with a key support level at $1530 and the next resistance at $2285. The price previously rebounded from a low of $1385, indicating the strength of the lower support level. The Relative Strength Index (RSI) at ~56.6 shows moderate upward momentum (away from overbought conditions). The MACD is positive at around 36.3, indicating the beginning of a new upward wave. The Bollinger Bands show a slight widening in the price channel, but the middle line (20-day moving average) currently acts as strong resistance.

Support and resistance levels: Key support at $1530, and the next resistance at $2285. The recent rebound from $1385 reinforces the importance of the lower support level.

RSI (Relative Strength Index): at ~56.6, indicating moderate upward momentum without reaching overbought conditions.

MACD: Positive (~36.3), indicating the beginning of an upward trend.

Bollinger Bands: Slight widening of the bands; the middle line of the channel (20-day moving average) currently serves as resistance for the price.

This scenario supports the likelihood of continued upward movement towards testing resistance at $2285. However, the possibility of a bearish scenario remains. If the price fails to maintain the key support level, it may retrace to the mentioned support levels ($1530, then $1385).