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Ethereum Breaks Recent Downtrend Resistance Line as Buyers Step Up




Ethereum’s price action has been closely tracking that of Bitcoin over the past several days, and ETH has been able to post a strong recovery from its recent drop to below $185.

Analysts are now noting that Ethereum’s ability to break above the key resistance level of $200 may be emblematic of a shifting short-term trend, which may mean that it will be able to continue climbing higher in the coming days and weeks.

Ethereum Reclaims Position Above $200 After Finding Strong Support at $185 

At the time of writing, Ethereum is trading up over 2% at its current …

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