Ethereum Bulls Rally Above $1,500, But ETH Could Face A Tough Time Here

ETH’s price shows strength as it bounces from a downtrend range with high volume, aiming for a rally to $1,700.
ETH faces a major issue to trend and holds higher above $1,500 after the price broke out of its downtrend descending triangle price movement.
ETH’s price remains strong on the daily timeframe above the 50 Exponential Moving Average (EMA) as the price aims for more rallies.The price of Ethereum (ETH) has continued to hold strong as price trends toward the region of $1,700 a