ETHEREUM PRICE ANALYSIS & PREDICTION (July 1) – ETH Recovers Slowly But Can This Lower Timeframe Breakout Activate Bullish?

Bouncing off a key price area into a brief consolidation phase last week, Ethereum suspended bearish actions and increased above $3,500 earlier today. Despite retracing slightly, it is still up 4% on the weekly scale. A week ago, Ethereum tested the $3,240 level after witnessing several crackdowns for a month.

Source: NullTx