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…