Ethereum Rallies Into Resistance: Here’s Why Bulls Are Comfortable

Ethereum Rallies Into Resistance: Here’s Why Bulls Are Comfortable

Ethereum 14

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…

View On WordPress

Sending
User Review
0 (0 votes)