Ethereum Could Narrowly Avoid a Major Decline if it Closes Above One Key Level
Ethereum spiked below the $400 support before recovering higher against the US Dollar. ETH price must surpass the $420 resistance and the 100 hourly SMA to start a fresh increase.
- Ethereum is currently holding the $405 and $400 support levels.
- The price is facing a major barrier near the $420 level and the 100 hourly simple moving average.
- There was a break above a crucial bearish trend line with…
