Ethereum price may pull back before the ultimate bullish impulse above $2,000 – FXStreet

• ETH/USD picks up bids to challenge the record top.
• Sustained trading beyond 10-day SMA, whales’ accumulation favor the bulls.
• Retracement before $2,000 can’t be ruled out, formation support adds to the downside filters.

Ethereum keeps the record-breaking rally on the table while picking up the bids near $1,940 during the early Friday’s trading.
The cryptocurrency pair’s ability to extend the bounce-off 10-day SMA gains support from the accumulation of crypto whales to favor the bulls inside a bearish…

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