Ethereum Price Rejected at $2,400, Is Another Breakout Attempt Coming?

Ethereum Price Rejected at $2,400, Is Another Breakout Attempt Coming?

Ethereum price started a fresh surge and traded above $2,365. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,220 zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $2,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,300 zone. Ethereum Price Fails To Clear $2,400 Ethereum price managed to stay above the $2,200 support and started a fresh increase, like Bitcoin.....


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