Ethereum Rallies Into Resistance: Here’s Why Bulls Are Comfortable
Ethereum rallied more than 5% and it broke the key $370 resistance against the US Dollar. ETH price is struggling to clear the $390 resistance and it is currently correcting lower.
- Ethereum started a strong increase after forming a key double bottom pattern near $355.
- The price is up over 5% and it surpassed the $370 barrier and the 100 hourly simple moving average.
- There was a break above a…
