Ethereum moves towards $2,500 following a rebound in price today.
/USD hit an intraday peak of $2,450.76 earlier today, as bulls attempt to lift prices above the $2,500 resistance line.
Despite today’s rebound in price, any significant surges will be challenged by upcoming hurdles, especially in terms of relative strength.As of writing, the 14-day Relative Strength Index is tracking at 37.32, which is slightly under resistance of 40.above $2,500. However, price uncertainty will likely lead to a decline in upwards momentum.up 1.26% as of writing.
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