Ethereum Breaks Out: Bullish Momentum Builds as Cost Basis Support Strengthens

Description

Ethereum has finally escaped what seemed to be a one-way path toward a prolonged sideways price action, leaving behind a narrow price range in which it had been trapped for more than a month. The second-largest cryptocurrency by market capitalization has pushed above key accumulation levels and is now eyeing the next major price hurdle. Was this the breakout move crypto traders have been waiting to see? Or was this pushup something more along the lines of a bull trap? The breakout makes a critic...