Ethereum Nosedives From $415, But Technicals Suggest Uptrend Isn’t Over Yet
Ethereum rallied more than 5% and broke the $400 resistance against the US Dollar. ETH price retreated sharply from $415, but technicals suggest uptrend remains intact above $340.
- ETH price surged above the $380 and $400 resistance levels against the US Dollar.
- There was a strong bearish reaction from the $415 level and the price dumped more than $50.
- There are two key bullish trend lines forming…
