Is The Bullish Rally Stretching For ETH Value In 2021?

Ethereum value traded at $2382 with a gain of 9.85% in the last 24-hour and 14% up in the weekly time-frame. Furthermore, ETH bounced back from the support of $1950. In contrast, the market capitalization stands at $276 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above all the EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the TP- 1 of $2600 in future trading sessions.

TP- 1: $2600
Support: $1950