Ethereum Just Saw A Key Technical Breakout And $230 Seems Imminent

Ethereum Just Saw A Key Technical Breakout And $230 Seems Imminent

Ethereum is up more than 5% and it broke the key $205 resistance against the US Dollar. ETH price remains well supported and it is likely to continue higher towards $230.

Ethereum is gaining traction and it recently surged above the $205 resistance zone.
The price is trading near the $215 resistance, but it is well above the 100 hourly simple moving average.
There is a key bullish trend line…

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