New Buy Signal: Ethereum (ETH/USD) Price Starting to follow Bitcoin

 In Market News, Technical View, Trading Signals

following the strength in Bitcoin last week, today we see Ethereum (ETH/USD) making a positive move toward important price resistance level at 234-234 level, while crossing above the declining resistance line (see in chart). A continue strength at this level should push price to our next price target at $258 price level (25 points upside move) with potential for fast move to second price target at $278-280 (50% Fibonacci level, see in chart).

See below ETH/USD chart with trading plan .

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