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Ethereum Breaks Recent Downtrend Resistance Line as Buyers Step Up

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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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