Ethereum (ETH) Price Could Surge To $200 In Near Term

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  • ETH price remains well supported on the downside near the $170 area against the US Dollar.
  • The price settled in a positive zone above the $165 and $169 resistance levels.
  • There is a major bearish trend line formed with resistance at $176 on the 4-hours chart of ETH/USD (data feed via Kraken).
  • The pair could start a significant rally once there is a break above the $176 and $180 resistance levels.

Ethereum price gained traction from key supports versus the US Dollar and bitcoin. ETH is currently…



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