Beware Bears: Indicators Suggest Ethereum Could Still Rally Above $250

Beware Bears: Indicators Suggest Ethereum Could Still Rally Above $250

Ethereum 8

Ethereum traded to a new monthly high near $249 before correcting lower against the US Dollar. ETH price is currently trading nicely above $253 and it could rally again towards $250.

  • ETH price is holding the main $235 support level and the $232 pivot level against the US Dollar.
  • It is facing a couple of important hurdles near $240 and $250.
  • There is a crucial contracting triangle forming with…

View On WordPress

Sending
User Review
0 (0 votes)