The Ethereum price increased by 16 percent on the day against the U.S. dollar. Prior to the rally, analysts anticipated ETH to see a rapid recovery to $200 in the near-term. Josh Olszewicz, cryptocurrency technical analyst, was one of the few who observed an ascending triangle forming at larger time frames of the Ethereum chart. […]The post Analyst: this simple Ethereum structure point towards a quick recovery to $200 appeared first on CryptoSlate.