Ethereum Price Analysis: ETH Breaks Above Descending Channel After 6% Daily Surge

Ethereum is trading around $2,460 as it holds near its highest levels since the February breakdown, with the broader crypto market continuing to recover. ETH is now pressing against one of the most technically significant zones of the entire correction. How the price behaves over the next several sessions will go a long way toward determining whether this rally has genuine legs or simply represents another failed att…