Ethereum chart analysis The price of ethereum continues to recover after falling to $ 1,697 last week. Since then, the price has been moving in sideway consolidation in the range of 1950-2150 dollars. We will soon be approaching the MA200 moving average and a possible break above to continue the bullish recovery. If the price manages to consolidate at $ 2,200, then we could expect to see a recovery to the next resistance zone of $ 2,400-2450. We need to pullback below the $ 1950 price for the bearish option and stay on that level. Our following bearish targets are $ 1860, $ 1800 and $ 1697 this year’s minimum.