This Scenario Could Trigger A New Ethereum Rally: Key Levels To Watch

This Scenario Could Trigger A New Ethereum Rally: Key Levels To Watch

Ethereum is currently trading above the $205 and $208 support levels against the US Dollar. ETH price could start a strong increase if it clears the $215 and $216 resistance levels.

Ethereum is showing a lot of positive signs above the key $205 support zone.
The price is currently trading above $210 and it is well above the 100 hourly simple moving average.
Yesterday’s major bullish trend line is…

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