Ethereum is holding firmly to the ascending parallel channel’s lower boundary support. The breakdown to the 50 SMA will be validated if Ethereum closed the day under $600. Ethereum recently reclaimed the position above $600 but has failed to sustain the uptrend to the next resistance at $520. At the time of writing, the smart The post Ethereum fights to stay above $600 while breakdown to $565 seems inevitable appeared first on Coingape.