Ethereum is up more than 4% and it surged above the $240 resistance against the US Dollar. ETH is currently showing a lot of bullish signs and it is likely to accelerate above $250.
- Ethereum is gaining bullish momentum and it is trading nicely above $240.
- The price traded close to the $250 resistance and settled above the 100 hourly simple moving average.
- There is a bullish flag pattern forming…