Ethereum Price Analysis: ETH Sees End-of-Correction With This Resistance Breakout

Ethereum Price Analysis: Ethereum, the second-largest cryptocurrency by market cap entered a fresh rally in mid-week and rebounded from $2860 monthly support. This renewed buying interest bolstered by the Bitcoin price jump to $67000 on Friday has surged the ETH price to an 8.7% gain. However, an analysis of the daily chart shows the rising Ether price is heading to a crucial resistance indicating an upcoming pivot momentum for this asset.