As can be seen in the relative volume chart attached, a surge of volume came in around the 21st of June when ETH dipped down below $2,000 for a couple of days.
That strong support seems to have helped keep an extended bearish run at bay, and is perhaps sparking a bullish run past the established resistance between $2300 - $2400.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.