Is Ether set to capture the $1,250 resistance level soon as bulls slowly take control?

Ether is up by less than 1% but could rally higher in the near term. ETH has been trading below the $1,300 resistance level in recent weeks. The total crypto market cap has remained above the $800 billion level. Ether could rally towards $1,250 ETH, the native token of the Ethereum network, underperformed last week. The coin lost more than 5% of its value last week and slipped below the $1,200 level during that period. However, ETH seems to be recovering from its recent slump and could rally higher soon. At press time, the price of Ethereum stands at $1,184