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Ethereum is Touching a Key Resistance Level, and It Could Spark a Drop to $280

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  • Ethereum is flashing signs of immense strength as it pushes up towards its high time frame resistance at $350
  • This level has long been a target that analysts have been setting their sights on, and it is likely that a heavy amount of selling pressure exists here
  • Although over a macro time frame ETH is firmly bullish, the visit to this level may spark a slight selloff that leads it down towards $280
  • Analysts are noting that this could be a good entry point for fresh positions

Ethereum and the aggregated cryptocurrency market are showing some signs of strength as …

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