Ethereum rallied yesterday and closed above the $200 resistance level. The resistance did not hold price at all. It seems like the rally could continue up to $250 for the rest of the week.
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What I see happening for the rest of the week is price moving above the weekly open (black line) and possibly trying to break the $225 resistance. If this happens I see it going up to $250 by the end of the week and the weekly candle closing as bullish.
Good luck.
Thank you!