ETH is on the verge of surpassing a significant resistance level that has been hindering its progress for some time. If it manages to do so, the prominent altcoin is expected to soar to a price level of $3,200. At present, ETH is making a concerted effort to overcome this obstacle, with bullish investors lending their support to this upward trajectory. A careful analysis of the daily chart has revealed a number of positive signs, further bolstering the case for ETH’s success. The altcoin Ethereum (ETH) is gearing up to break free from the constraints of its descending channel, a promising development that suggests a decline in selling pressure. Keep up-to-date with the latest technology news by visiting NEWSLINKER.