Ethereum Regains Bullish Momentum, Battles the $4,400 Resistance Level

[Rockalo]

Today, Ethereum (ETH) has risen back above $4,000 support today as the altcoin resumed its upward trajectory. The cryptocurrency has risen as high as $4,162, but faces a little resistance at the recent level. On October 21, Ether had encountered major resistance at the $4400 resistance zone.

The market fell to a low of $4,042.50 as bulls bought the dips. If the bulls break through the $4,400 resistance, Ethereum will see an accelerated price action. The market will rally to the high at $4,800. However, if the buyers fail to break the high at $4,400, ETH /USD will fall and resume the upward correction in the uptrend zone. That is, the altcoin will fluctuate between the prices of $4,000 and $4,400. More information please click here