Ethereum Trading Near Crucial Juncture And 100 SMA Holds The Key

Ethereum Trading Near Crucial Juncture And 100 SMA Holds The Key

Ethereum is trading in a tight range above the $240 support against the US Dollar. ETH price likely to accelerate higher above the $245 and $250 resistance levels in the near term.

Ethereum is trading above a major support and pivot area at $240.
The price is likely to surge if it clears the $245 resistance and the $250 barrier.
There is a major contracting triangle forming with resistance near…

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