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Ethereum Just Shot Up $250 But Don’t Bet on That Resistance Breaking



While Bitcoin was rejected at the $9,800 resistance, Ethereum has continued to press higher.
The second-largest cryptocurrency is up by around 4% from the past 24 hours’ lows, outpacing Bitcoin’s relatively mild 1-2% gain.
ETH’s latest uptick brings it close to the crucial $250 resistance level. This level has been important over the past few months, acting as resistance on multiple occasions. $250 is also a psychological resistance due to it being a round number.
Unfortunately for Ethereum bulls, there are signs indicating the level may not be broken past.
Ethereum Approaches $250 Again. Not Everyone Is Convinced It Will Pass ...

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