A Key Bottom Is Forming For Ethereum and A Swift Rally Could Occur

A Key Bottom Is Forming For Ethereum and A Swift Rally Could Occur

A Key Bottom Is Forming For Ethereum and A Swift Rally Could Occur

Ethereum is trading below the key $235 resistance area against the US Dollar. ETH price seems to be forming a strong support above $220 and it could soon rally above $235.

Ethereum is likely forming a bottoming pattern above the $220 level against the US Dollar.
The price could gain bullish momentum once there is a clear break above the $235 resistance.
There is a major bullish trend line in place…

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