Ethereum is trading higher today by 1.37% while other major cryptos underperform. There is a pattern breakout on the hourly chart and let’s see if the market can back the move higher. ETH/USD is trading pretty well today and is outperforming Bitcoin which is only 0.40% higher. The price on the hourly chart has just broken out of a bull flag formation but we need to see if the market backs the move with some volume. Currently, the price is retesting the trendline but the next support level is quite far down closer to 175.00. The volume profile indicator is showing that the price is currently above the main value area which is at 174.77. It doesn’t seem to be a false break as normally they happen on smaller volume but only time will tell. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/USD remains on track to wrap up the week with small gains below 1.10 FX Street 3 years Ethereum is trading higher today by 1.37% while other major cryptos underperform. There is a pattern breakout on the hourly chart and let's see if the market can back the move higher. ETH/USD is trading pretty well today and is outperforming Bitcoin which is only 0.40% higher. The price on the hourly chart has just broken out of a bull flag formation but we need to see if the market backs the move with some volume. Currently, the price is retesting the trendline but the next support level is quite far down closer to 175.00. The volume profile indicator… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
