Ethereum Price Prediction: Will Broader Market Recovery Push $ETH Above $1800?

Ethereum Price Prediction: Despite a recent bullish climate in the crypto market, the ETH price is struggling to recover from the $1,530 support level. Over the past week, the coin has made two unsuccessful attempts to breach the $1,600 mark, indicating strong overhead supply pressure. If this resistance endures, the coin price might remain in a consolidation phase above the $1,500 support level.