19-02-2020 04:28 via newsbtc.com

Ethereum Trend Overwhelmingly Bullish: Here’s Why ETH Could Rally Past $300

Ethereum jumped back above $260 and $270 against the US Dollar. ETH price is now consolidating above $275 and it could soon surpass the $288 resistance area.Ethereum is back in a positive zone, with a strong bullish bias above $275 against the US Dollar.
The price is likely to accelerate gains towards the $300 level in the near term.
There is a short term contracting triangle forming with resistance near $284 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is up around 4% an
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