Ethereum Price Forecast: ETH poised for the ultimate upswing to $2,000

• Ethereum resumes the uptrend focusing on the coveted $2,000 price level.
• The MACD on the 4-hour chart is likely to validate the upswing.
• Robust support has been established by the IOMAP, adding credence to the bullish narrative.

Ethereum continues with its lock-step trading after struggling to sustain action above $1,800. The 50 Simple Moving Average (SMA) on the 4-hour chart has helped keep the pioneer altcoin afloat. At the time of writing, Ether is dancing at $1,798 but is likely to step past $1,800 in the short-term.