Ethereum started a fresh increase from the $235 zone against the US Dollar. ETH price is now trading nicely above $240, but it is still struggling to gain momentum above $245 and $250.
Ethereum is trading well above the $240 support and the 100 hourly simple moving average.
The price must surpass the $245 and $250 resistance levels to continue higher.
There was a break above a key bearish trend…