Ethereum (ETH) enthusiasts have found a glimmer of hope in the recent bullish reversal as the entire crypto market appears to be headed for recovery. The second-largest cryptocurrency by market capitalization experienced a significant upturn, clawing its way back from the $1,550 support level just last week. 

At the time of writing, ETH is trading at $1,655 according to CoinGecko, showcasing a commendable 5% uptick. This surge has bolstered investor confidence, prompting them to set their sights on challenging the overhead resistance trendline.

Battling The Resistance: A Critical Juncture

The current phase in Ethereum’s price dynamics is marked by a descending resistance trendline. Over the past two months, the cryptocurrency has encountered this formidable resistance barrier …