Ethereum’s Price on the Brink: Could 0.01941 BTC Unlock a Major Move?

Ethereum is currently in a holding pattern, trading between crucial support and resistance levels around 0.01941 BTC. This price point sits as key indicator of the market direction for ETH. If ETH breaks through this level, a substantial upward movement could follow. However, if it fails to do so, further consolidation is likely. Recent weeks have seen Ethereum show signs of gaining strength after its recent decline. 0.01850 and 0.01941 continue to act as crucial support and resistance levels respectively. 0.022 BTC might be the target if a breakout were to occur.