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Ethereum Price Correction Imminent: Key Obstacle Persists

Ethereum attempts a rebound from $2,150 support level, facing resistance at $2,240. Bulls need to break through for further upside potential towards $2,300 and $2,420. Downside risks could lead to a test of $2,000 level. Technical indicators suggest bearish momentum.

by John Darbie
Thu, Jan 25, 2024 9:30am
in Ethereum
• 2 mins read
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Ethereum Price Correction Imminent: Key Obstacle Persists | FinOracle

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Ethereum Price Attempts Upside Correction from $2,150 Support

Ethereum price is currently trying to bounce back from the support level at $2,150. If it manages to surpass the resistance at $2,240, the price could gain momentum and continue its upward trend.

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