Ethereum Might Not Go Down Quietly: Risk of Bullish Break Grows Above $240

Ethereum Might Not Go Down Quietly: Risk of Bullish Break Grows Above $240

Ethereum 15

Ethereum is stable above the $230 and $225 support levels against the US Dollar. ETH price seems to be eyeing a major bullish break above $238 and $240.

  • Ethereum is currently attempting an upside break above $234 and the 100 hourly simple moving average.
  • The price is likely to remain well bid above the $230 and $225 support levels.
  • There is a key bullish flag pattern forming with resistance near…

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