Ethereum shows signs of recovery after failing to break $4,000 resistance
Ethereum price is showing signs of recovery after failing to break the $4,000 resistance level. The cryptocurrency made lower highs and lower lows within a bearish channel, but has now moved back above the $3,000 level and the center line of the channel. If the market succeeds in recovering back to these levels, a breakout above the channel and continuing towards $4,000 and even higher prices can be expected.
