Ethereum is trading at about $1,597, with a market cap of $192 billion and trading volume of $7.03 billion.ETH is testing major support at $1,500-1,600 range with early bullish divergence indicators.Analysts predict Ethereum may break $2,000 if it holds above $1,600, targeting $2,150.Ethereum's falling wedge pattern indicates potential bullish breakout as trendlines converge.