Ethereum (ETH) Price Rebound Reaching Crucial Juncture: $250 Holds Key

ETH price decline recently and retested the main element $231 support area declined contrary to the US Dollar. The purchase price started a good rebound and recovered above the $240 and $242 levels. There exists a major bearish trend line forming with resistance near $248 on the hourly chart of ETH/USD (data feed via Kraken). The pair must…
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