Ethereum (ETH) rallied like a raging bull to the surprise of many yesterday. This from a cryptocurrency that had seen red days one after another and exhibited extreme weakness was completely out of the blue. The price seems to have bottomed out around $172 and those waiting for $150 might have missed the train already. The chart above for ETH/USD shows that the previous resistance at $200 has now turned into a strong support.
Source: CryptoDaily.co.uk
Original Post: Ethereum (ETH) Defends 0 Resistance Turned Support, Price Likely To Surge Higher
