This Simple Technical Pattern Could Resend Ethereum Above $350

This Simple Technical Pattern Could Resend Ethereum Above $350

Ethereum 7

Ethereum is struggling to gain momentum above $340 and $350 against the US Dollar. ETH price could start a strong increase if it clears the 100 hourly SMA at $350.

  • Ethereum is facing an uphill task near the $340 and $350 resistance levels.
  • The price is trading in a range above $320 and below the 100 hourly simple moving average.
  • There is a key declining channel forming with resistance near $340…

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