Ethereum Price Reclaims Demand Zone Of $1,200 – Here Are Levels To Watch

ETH price reclaims demand zone of $1,200 as the price aims to trend higher Price continues to look bearish with the market’s current state, as most traders and investors remain cautious  ETH price bounces from a low of $1,100 on the daily timeframe as it eyes a recapture of $1,300 above the 50 Exponential Moving Average (EMA) Ethereum (ETH) continues to display a better price action than Bitcoin (BTC) as the price reclaims the demand zone and eyes a further rally to a region of $1,300 if the crypto market remains calm ahead of a monthly close. Despite the relief bounce from Ethereum (ETH), the price still trades below the key region of interest that would attract the attention of many buyers.