Ethereum Price Regains Bullish Momentum, But $400 Still A Key Hurdle

Ethereum Price Regains Bullish Momentum, But $400 Still A Key Hurdle

Ethereum 2

Ethereum recovered nicely above the $380 and $390 levels against the US Dollar. ETH price must surpass the $400 barrier for another leg higher in the near term.

  • Ethereum is up over 5% and it broke the key $380 and $390 resistance levels.
  • The price traded close to the $398 level and it settled above the 100 hourly simple moving average.
  • There was a break above a major bearish trend line with…

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