Ethereum Trading Near Crucial Juncture And 100 SMA Holds The Key

Ethereum Trading Near Crucial Juncture And 100 SMA Holds The Key

Ethereum Trading Near Crucial Juncture And 100 SMA Holds The Key

Ethereum is trading in a tight range above the $240 support against the US Dollar. ETH price likely to accelerate higher above the $245 and $250 resistance levels in the near term.

Ethereum is trading above a major support and pivot area at $240.
The price is likely to surge if it clears the $245 resistance and the $250 barrier.
There is a major contracting triangle forming with resistance near…

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