Ethereum Bulls Facing Stiff Resistance Despite ETH 2.0 Fervor

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Ethereum Bulls Facing Stiff Resistance Despite ETH 2.0 Fervor

Ethereum incurred a near-term price slump over the weekend after momentum stalled around the $475 resistance level. The ETH/USD pair has subsequently recovered back above the $450 level and found strong support from just below the $440 level.

With the launch of ETH 2.0, investors are growing increasingly confident that further price appreciation can occur as deposits and demand for ETH steadily increases.

Learn more about the news here.