Even After 350% Jump from March, Ethereum Still Faces a Key Resistance

Even After 350% Jump from March, Ethereum Still Faces a Key Resistance

Ethereum crashed as low as ~$85 during March’s capitulation drawdown, crushing the hopes of investors in the asset. But due to a recovery in the price of Bitcoin and in most global markets, ETH has surged higher.

From those lows, the asset is now up by around 350%, recovering to $385 as of this article’s writing. At the local highs, Ethereum traded for $440, with bulls managing to wrest the asset…

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