Ethereum ‘has to bounce’ as ETH bulls pin $5K rally hopes on critical
![Ethereum ‘has to bounce’ as ETH bulls pin $5K rally hopes on critical support channel](https://i-invdn-com.investing.com/news/Ethereum_800x533_L_1599056633.jpg)
© Reuters
Ethereum’s native token, Ether (ETH), could see yet another strong rebound in the sessions ahead as its price falls into a trading zone with a recent history of attracting buyers.
The rising trendline has been triggering ETH’s price rebounds since the beginning of October and comes as a part of a broader ascending channel range.
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