Key Reasons Why Ethereum Might Not Stay Below $400 For Too Long

Key Reasons Why Ethereum Might Not Stay Below $400 For Too Long

Ethereum is holding a crucial support zone near the $380 level against the US Dollar. ETH price seems to be basing for the next move and it might surge above $400 in the near term.

  • Ethereum is currently consolidating above the $380 and $385 support levels.
  • The price is likely to face hurdles near $395, $400, and the 100 hourly simple moving average.
  • There is a key contracting triangle forming…

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