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Ethereum price prediction: ETH eyes $4,400 amid market recovery
['Hassan Maishera']
CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison
The second-largest crypto by market cap could rally towards the $4,400 resistance level soon.
Ether added nearly 2.5% to its value in the last 24 hours, with the $3,800 support level holding despite the PCE data release.
Traders are now looking out for signs of a breakout to ensure that the market recovery is back and in full swing.
ETH failed to find support around the daily level at $4,232 on Tuesday, losing 7.36% of its value afterwards, and dropping to the $3,800 support level on Thursday.
If ETH continues its recovery and surges past the $4,232 resistance level, it could extend its rally towards the major daily resistance and TLQ level at $4,488.