- ETH bull strength is increasing as bears tire in recent hours.
- According to technical indicators, this bull trend is yet to reach its peak.
- The community wonders if there may be another breakout as prices move away from support level of $1,224.45.
Negative sentiment in Ethereum (ETH) has grown, with prices falling in the past day to trade below the $1,240 support level. Bulls, however, recently swooped in and seized control, driving prices up by 0.27% to $1,233.55.
This upward trend is bolstered by a 0.49% increase in market capitalization to $151,022,865,953. However, 24-hour trading volume declined 17.38% to $4,924,698,035 indicating that buyers are not matching sellers’ expectations.
The post ETH Bulls Obliterate Grizzly Pattern as Prices Jump to $1,233.50 appeared first on Coin Edition.