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Ethereum price moves toward $2,000, but analysts say it’s just another ‘relief rally’ -Breaking

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Ethereum price moves toward $2,000, but analysts say it’s just another ‘relief rally’

A much-needed rebound was seen in the cryptocurrency market on May 30 with (BTC) climb above $30,900 and Ether (ETHAnalysts warn it is too soon to predict a rebound.

ETH/USDT 1-day chart. TradingView

Here’s a look at what several analysts are saying about the outlook for Ether moving forward and the major support and resistance levels to keep an eye on.

1-month chart. Source: Twitter (NYSE :
ETH/USD 3-day chart. Source: Twitter
ETH/USDT 1-day chart. Source: Twitter