Ethereum Forms New Support Level and Soars

by Mark Putrino, Benzinga Technical Analysis Editor
May 14, 2021 1:06 PM | 17 seconds read |

Crypto traders have a new key level to focus on.

It appears that support has formed at the $3,700 level for Ethereum ETH/USD. After reaching this level Thursday, ETH is surging higher Friday. If it sells off, there’s a good chance it finds support at $3,700 again.

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