Ethereum Price Analysis: ETH Sits On Strong Support Above $4,000

Ethereum price is up approximately 7% to the current price $4,366 as it trades in a third straight bullish session in the daily timeframe. Bulls are determined to recover the weekend losses that followed the crypt market flash crash that saw the $ETH lose as much as 22% in just a few hours. If the largest altcoin continues to hold above the $4,000 crucial level, it would be possible to recover even last week’s losses.