In last week or two, Ethereum has been taking a hit when it came to resistance. They were hit so hard, Ripple (XRP) dethroned them for second when it comes to the cryptocurrency market-cap. Floating in the $80-$90 range for weeks, Ethereum made a mean left hook and went up overnight almost 26%. Ethereum is going to take second again and might just run with it from there on out. The smart contracts concept is a strong reason Ethereum is the Facebook of cryptocurrency and Bitcoin is MySapce.
My humble option, Ethereum will hit resistance again soon, but will make a move as such again and again. The Bulls are RUNNING! Here Comes the BOOM!