Ethereum spiked above the $1300 resistance zone against the US Dollar ETH is correcting gains but it remains supported near $1250 and $1230.
ETH boosted above $1300 before the bears appeared the price is currently trading above $1250 and the 100 hourly simple moving average.
There was a break below a major bullish trend line with support near $1280 on the hourly graph at ETH/USD.
Read full news at: https://cryptounity.news/ethereum-price-holds-strong-at-1250-a-strengthening-case-for-upside