Ethereum Lacks Momentum Above $200 But An Upsurge Seems Imminent

Ethereum Lacks Momentum Above $200 But An Upsurge Seems Imminent

Ethereum is trading above the $192 and $195 support levels against the US Dollar. ETH price could start a strong surge if there is a clear break above the $205 resistance.

ETH price is trading just below a crucial resistance near the $205 level against the US Dollar.
It is now trading above $192 and the 100 simple moving average (4-hours).
There is a major bearish trend line forming with…

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