The parabolic recovery in ETH/USDT pair surged the prices by 101% from mid-June to August and formed a local top at the $200 mark. Furthermore, during this bull run, the coin price witnessed several pullbacks, which replenished the bullish momentum for further gains. Key points ETH analysis: Higher price rejection at 50-day EMA supports price The post Multiple Resistance Levels Encourage Sellers To Plunge ETH To $1400 appeared first on CoinGape.