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ETH Could Rally Again If It Clears $400
In the past few days, Ethereum price saw a strong upward move above the $300 resistance against the US Dollar. ETH price even surged above the $380 resistance and settled well above the 55 simple moving average (4-hours). Finally, there was a break above the $400 barrier and the price traded to a new multi-week high at $418. Recently, there was a downside correction below the $400 level. The price even spiked sharply below the $330 level, but it recovered quickly above $350. It is currently trading nicely above the $380 and $375 support levels. However, the price is facing hurdles near the $400 barrier. The recent ... (full story)
