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Ethereum Technical Analysis: Bull has decided to stay in the market for a short duration

From ambcrypto.com

Ethereum [ETH], the third-largest cryptocurrency by market cap, tagged along with the bull as the coin is painted in green for the past few hours. According to CoinMarketCap, at press time, the coin was trading at $109.46, with a market cap of $11.45 billion. The coin has a trading volume of $2.84 billion and has surged by over 3% in the past 24 hours. The one-hour chart demonstrates a downtrend from $124.65 to $116.87 and from $116.87 to $109.69. The cryptocurrency also records an uptrend from $104.35 to $108.23. The coin will be facing an immediate resistance at $109.74 and a strong resistance at $116.88. However, ... (full story)

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