Ethereum Price Analysis: Is ETH Finally Attempting a Real Breakout?

Ethereum is trading above $2.2k as the third week of May gets underway. The asset is on the lower end of its range over the past two weeks after another rejection. The aggressive long positioning that had built up into the $2.4k resistance zone has been unwound, and the price chart indicates that more consolidation is likely to happen in the coming days. Ethereum Price Analysis: The Daily Chart On the daily chart, ET…