ETH Price Prediction: Will Ethereum Reclaim $1800 Mark Amid Current Market Reversal?

The Ethereum price trajectory has been notably bearish since the onset of September, plunging from a peak of $1745 down to a recent low of $1530 — a drop of approximately 12.5%. Amid this decline, the coin sellers breached the $1577 support, suggesting a potential extended correction for this altcoin. But with the largest cryptocurrency Bitcoin staging a comeback from its $25,000 dip, ETH price too found some respite, bouncing back above its recently breached support. Does this unexpected rebound hint at a potential bullish recovery?