Ethereum Remains in Bears’ Control Until it “Powers Above” Key Level

[Dociko]

Ethereum has seen a sharp rebound from its recent lows today, with bulls and bears remaining engaged in a heated battle for control over its mid-term trend.

This trend is somewhat unclear at the moment, as Ethereum has been facing multiple strong selloffs throughout the past few days, but each dip has been followed by a swift rebound.

The key level that bulls have been defending exists between $325 and $330. It did visit these lows earlier this morning before it was able to see a sharp rebound that led it back up to highs of $345.
Details: https://www.newsbtc.com/2020/09/08/ethereum-remains-in-bears-control-until-it-powers-above-key-level/