Key Factors Suggest Ether at Major Breakout Point: $240 Presents Challenge

Key Factors Suggest Ether at Major Breakout Point: $240 Presents Challenge

Ethereum 12

Ethereum’s Ether is recovering and trading above the $235 resistance against the US Dollar. ETH seems to be preparing for a crucial upside break above $238 and $240.

  • Ether is recovering from the $232 support and trading above $235.
  • The price is now approaching the main $238 and $240 resistance levels.
  • There is a major bearish trend line forming with resistance near $238 on the hourly chart of…

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