Ethereum Likely Gearing For Strong Surge Above $250: Rally Isn’t Over Yet

Ethereum Likely Gearing For Strong Surge Above $250: Rally Isn’t Over Yet

Ethereum is trading nicely above the $240 and $230 support levels against the US Dollar. ETH price seems to be preparing for a strong surge above the $250 and $255 resistance levels.

ETH price is trading in an uptrend above the $230 support zone against the US Dollar.
A successful close above the $250 level could trigger a significant upward move.
There is a major contracting triangle forming with…

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