Home Ethereum Price Analysis: ETH/USD is still pushing higher as we head into the Asian session
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Ethereum Price Analysis: ETH/USD is still pushing higher as we head into the Asian session

FX Street
Published date:
  • Ethereum is one of the clear outperformers on Wednesday as ETH/USD trades 15.5% higher.
  • The price is coming up to some big resistance levels but only time will tell if they work.

ETH/USD Daily Chart

Ethereum is on a tear on Wednesday trading over 15% higher!.

The price is now coming up to the bottom of the previous consolidation when the market reached a high of 364.49 back in June 2019.

The price could meet resistance at around 20.00 and if that fails the next zone on the way up is 320.00.

If the market does retrace from here the 240.00 level could provide some support for bulls. 

The last few days have been pretty amazing in the cryptosphere with some key levels taken out in altcoins and majors alike.

Ethereum Chart

Additional levels

 

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