Can Ethereum price hold the $2,500 level on a weaker day? $ETH

Ethereum price is currently trading below $2,650 and the 100 hourly simple moving average, however the bulls are attempting to protect more downside below the $2,500 support area.

If there is another up move, the price is likely to face resistance near the $2,600 level and the 100 hourly simple moving average. The first major resistance is near the $2,625 level. A close above $2,625 could sink Ether towards the $2,700 resistance level.