Ethereum price is still trading between the levels of $240 and $280 and a bullish or bearish breakout seems imminent for the cryptocurrency.
Ethereum price analysis
Ethereum (ETH) price was in a sideways trend yesterday and is still trading between the $240 and $280 levels. Yesterday, the Ethereum price fell after the bulls met resistance at the $260 level. Today’s, June 14, the price of Ethereum is making another upward move to the upper price range.
As we have earlier suggested, range-bound traders can initiate long trades at the support level and
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