Ethereum Retreats From $250 But 100 Hourly SMA Could Trigger Fresh Surge

Ethereum Retreats From $250 But 100 Hourly SMA Could Trigger Fresh Surge

Ethereum gained traction above the $245 resistance, but it struggled to clear the $250 resistance against the US Dollar. ETH price is likely to find support near $245 and it could rally again.

  • Ethereum traded to a new intraday high after a spike above the $245 resistance.
  • The price is currently retreating from the $250 resistance, but trading well above the 100 hourly simple moving average.
  • There…

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