June 22 (Cointime) - The price of Ethereum is surging above $1,850 against the US Dollar, following Bitcoin's rally and may soon test the $2,000 resistance zone. It is currently trading above the 100-hourly Simple Moving Average and there is a key bullish trend line forming with support near $1,890 on the hourly chart of ETH/USD.

If the pair rises further above the $1,930 and $1,950 resistance levels, it could reach the $2,050 resistance level. However, if it fails to clear the $1,950 resistance, it could start a downside correction with initial support near the $1,900 level.