Traders Expect Ethereum to See Violent Rejection as Multi-Year Trendline Nears

Ethereum’s intense uptrend has allowed it to climb all the way to $200 This level coincides closely with a multi-year descending trendline that has been forcing the crypto lower One trader is flipping short due to the heavy resistance around this level The market-wide uptrend seen throughout the past week has proven to be particularly beneficial for Ethereum, which has rallied from weekly lows of under $170 to highs of $200. This uptrend has led […]
Bitcoinist.com

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Author: toutiao