Ethereum Pushes to the Upside, Targets Resistance at $2,900

[Fawpac2]

The Ethereum (ETH) price broke the resistance at $2,450 to resume uptrend. Since May 30, buyers have been making frantic efforts to break the minor resistance at $2,450.
Following the successful breakout, Ether price rallied on the upside to retest the resistance at $2,900. Ethereum bulls have an uphill task as they will have to push ETH to the next resistance at $2,900. The resistance at $2,900 repelled the previous uptrend. A break above $2,900 will catapult the ETH to rally above $3,200. Ether will be out of downward correction if buyers are successful. Conversely, if the bulls fail to break the $2900 resistance, Ether will fall and be compelled to a range bound move between $2,200 and $2,900. Presently, the uptrend is facing resistance at the high of $2,600. Source