Ethereum Likely To End Current Consolidation With A Strong Rally

Ethereum Likely To End Current Consolidation With A Strong Rally

Ethereum is trading in a range above the $240 support region against the US Dollar. ETH price is likely to end the current consolidation and rally above the $250 resistance.

Ethereum is still trading in a range above the $240 support and the 100 hourly simple moving average.
The price is likely to start a strong increase if it clears the $250 resistance zone.
There is a key bearish trend line…

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