Ethereum dived from the $417 swing high and traded below $350 against the US Dollar. ETH price is currently recovering above $375 and it is likely to climb back above $400.
- Ethereum started a sharp decline from the $417 high and dived towards the $300 support.
- The price recovered sharply above $350 and it is now trading above the 100 hourly simple moving average.
- There is a key contracting…