Ethereum Price Surpasses $350 as Bullish Momentum Returns

It is good to see most altcoins finally recovered now that Bitcoin’s bull run has been kept in check for some time. Although it is only a matter of time until the Bitcoin price reaches $8,000 and more again, the spotlight is on alternative currencies right now. The Ethereum price, for example, has noted strong gains in both USD and BTC value over the past 24 hours. Going up by over 7.4% in both departments isn’t too shabby.

More specifically, we have seen a pretty solid degree of accumulation for Ethereum most of this week. Someone was more than content to keep the Ethereum price around the $330 mark without it gaining or dropping too much for any specific period. This flat chart was bound to be broken sooner or later. It could have easily been a major Ethereum price crash as well, but so far, things are playing out pretty well. Do keep in mind this is the weekend, and the regular trading trend will be resumed tomorrow.
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