Ethereum Smashes Heavy Resistance: Here’s What Could Propel it to $250

Ethereum Smashes Heavy Resistance: Here’s What Could Propel it to $250

Ethereum 18

Ethereum is up around 2% and it broke the $232 resistance against the US Dollar. ETH has likely moved into a positive zone and it could continue to rise towards $240 or even $250.

  • Ethereum is slowly gaining bullish momentum above the $232 resistance
  • The price tested the $235 resistance and trading well above the 100 hourly simple moving average.
  • There was a break above a major bearish trend line…

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