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Data Shows Ethereum is Gearing Up for an Explosive Downside Movement

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Review: Bytom(BTM) token at glance

Bytom Blockchain Protocol is an interactive protocol of multiple byteassets. Heterogeneous byte-assets that operate in different forms on the Bytom Blockchain. Compatible with the UTXO General address format Asset naming using ODIN Enhanced trading flexibility Cross-chain & Side-chain Friendly to AI ASIC-chips Separate transaction signatures Encryption standard compatible Buy/Sell BTM on Kucoin here https://cryptocurrencies.space/review-bytombtm-token-at-glance/ #cryptocurrencies #bitcoin #ethereum #ripple #NEM #Dogecoin #stellar #lumens #news #tech #finance #kraken #poloniex #bitstamp #btc #eth #converter #charts #cryptocompare #exchange #etoro

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Ethereum is up more than 5% today and it is trading above the $235 level against the US Dollar. ETH price is likely to surge towards the $285-$300 if it clears the $248 resistance zone. Ethereum is surging and it recently broke the $220 and $230 resistance levels. The price is now trading well above the $220 pivot level and the 100-day simple moving average. There was a break above a crucial bearish trend line with resistance near $208 on the daily chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher towards the $285 if it clears the $248 hurdle. Ethereum Price Is Signaling More Gains In the past few days, there was a strong rise in Ethereum above the $205 resistance against the US Dollar. ETH price even outperformed bitcoin and gained more than 10% in the past few sessions. During the rise, there was a break above the 61.8% Fib retracement level of the main decline from the $288 swing high to $90 swing low. The bulls took over the market and they were able t...

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