<ul><li>Ethereum price surged above $2,720 but is now correcting gains and might test the $2,500 support zone.</li><li>A short-term declining channel or bullish flag is forming with resistance at $2,630 on the hourly chart of ETH/USD.</li><li>If Ethereum fails to clear the $2,630 resistance, it could start a downside correction towards $2,500 support level.</li><li>Major support is at $2,575, while the major resistance lies at $2,680 for Ethereum price.</li></ul>

Ethereum Price Dips May Offer Buying Opportunity — Bulls Eye Reentry

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