Major Resistance test for ETH!!
ETH has rallied very strongly since price tested and held the Monthly and psychological Support level of $100, catching many people by surprise at the speed of the move. Over the past 7 weeks ETH has accumulated along the Weekly Support of $227 before testing this Monthly Resistance we see now at $275, a Resistance that has prove very strong in the past and is the last major Resistance before $363. Could this be a double top mirroring the Feb top and/or a 4th Lower High? With the Monthly close only a week away it's decision time for ETH, much like BTC in my analysis yesterday....
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