Ethereum targets higher support levels after 10% gains today

COINBASE:ETHUSD   Ethereum / U.S. Dollar
In the past 8 hours COINBASE:ETHUSD pair has gained 11.43% as the bulls took control of the market. Ethereum has formed a double bottom formation, with the price crossing the $165.00 USD resistance level , signaling a bullish momentum in the market. Breaking the upper resistance level at $177.00 USD may see ETH set a new support above $200 USD.
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