Ethereum onchain data suggests $2K ETH price is out of reach for now

Ether’s (ETH) price has been consolidating within a roughly $130 range over the last seven days as $2,000 remains strong overhead resistance.Data from Cointelegraph Markets Pro and Bitstamp shows that ETH price oscillates within a tight range between $1,810 and $1,960.ETH/USD daily chart. Source: Cointelegraph/TradingViewEther price remains pinned below $2,000 for several reasons, including... source: https://cointelegraph.com/news/ethereum-onchain-data-2k-eth-price-out-of-reach?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound