Ethereum Lacking Momentum, But Here’s Why 100 SMA Could Spark Fresh Rally

Ethereum Lacking Momentum, But Here’s Why 100 SMA Could Spark Fresh Rally

Ethereum is struggling to clear the $230 resistance level against the US Dollar. ETH price is showing positive signs and it seems like a close above the 100 SMA (H4) could trigger a fresh rally.

  • ETH price is slowly moving higher towards the $230 resistance against the US Dollar.
  • A close above the 100 simple moving average (4-hours) could spark a strong upward move.
  • There was a break above an…

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