Ethereum Rallies 20% But Fails To Surpass 100-day SMA

Ethereum surged close to 20% and climbed above the $170 resistance against the US Dollar. However, ETH price is struggling to gain momentum above the 100-day simple moving average.

Ethereum is up close to 20% and it broke the $155 and $165 resistance levels against the US Dollar.
The price even tested the $175 resistance and the 100-day simple moving average.
There is a crucial bearish trend line…

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