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…