- Ethereum price bounces off support at $1,850 amid ETF approval in Brazil.
- Ethers short-term technical levels flip bullish, propping the uptrend toward $2,400.
Ethereum price revisited areas under $2,000 on Wednesday, whereby support at $1,850 was tested. The decline occurred alongside widespread correction in the market. For instance, Bitcoin plunged to $31,600 while Ripple lost ground at $0.6 to trade around $0.59.