Ethereum Price Analysis: ETH Tests Crucial Resistance Following Channel Breakout

Ethereum has extended its recovery over the past few weeks, but the rally is now approaching a technically sensitive area. While the recent strength has improved short-term sentiment, the higher-timeframe structure has yet to confirm a sustained trend reversal, leaving room for increased volatility around current levels. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH has broken above the upper b…