Ethereum Takes a Bit Hit But Uptrend Intact Above This Support

Ethereum Takes a Bit Hit But Uptrend Intact Above This Support

Ethereum jumped to a new 2020 high at $278 before correcting lower against the US Dollar. ETH is now consolidating and it is likely to continue higher above $275.

Ethereum seems to be struggling to clear the $275 resistance area against the US Dollar.
The price is currently consolidating gains above the $260 support area.
There is a key contracting triangle forming with support near $259 on the…

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