Ethereum Above 100 SMA Could Trigger A Sharp Relief Rally
Ethereum is recovering higher and trading above the $335 resistance against the US Dollar. ETH price is likely to accelerate higher if it clears the $360 level and the 100 hourly SMA.
- Ethereum is slowly recovering above the $335 and $340 resistance levels.
- The price is still facing a major resistance near $360 and the 100 hourly simple moving average.
- There was a break above a major bearish trend…
