Jun 04, 2020 at 12:36 // NewsCoin Idol AuthorRecently, buyers pushed the price to a high of $250 but were resisted as the market retraced to a $225 low.
Today buyers are unrelenting as they retest the $250 resistance.
However, if the bulls are unsuccessful, it will be mandatory for the coin to be in a range-bound movement between $230 and $250.
Ethereum indicator analysisFollowing the resistance at $250, Ethereum retraced to the support of the 12-day EMA to resume the uptrend.
Key Resistance Zones: $220, $240, $260Key Support Zones: $160, $140, $120What is the next direction for Ethereum?

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