Binance Hot list coin July 9th, 2020 : ETHUSDT #4

Ethereum is having a very good momentum of potential spike to the upside. Currently the price is testing the strong resistance which there was a heavy price action occurred in this area in the past. With current momentum of the potential spike to the upside of bitcoin which has a positive correlation with the Ethereum price, I do believe that if Bitcoin can have 1 more leg to the upside, there is a potential of Ethereum to grow to the upside in near future. If the price can breaks this resistance, there's no doubt we can see the 15% moves to the area of $290. The main criteria is waiting for the price to have breaks out of current resistance zone.