ETH/USDerclaimed ground above $121.00 handle. The ultimate resistance is seen at $125.50. ETH/USD reclaimed $121.00 after a short-lived dip to $118.12. The second largest coin with the market value of $12.6B is consolidating gains after a steady growth at the end of the previous week. Ethereum is moving together with the market as there is no critical fundamental news that might have influenced price momentum. Meanwhile, the Ethereum network has seen the reduction of new coins created daily. This is a result of a difficulty bomb activated ahead of the upcoming Constantinople upgrade. ETH/USD daily confluence detector ETH/USD daily confluence detector reveals several support areas below the current price: $118.00 – DMA5, 23.6% Fibo retracement weekly, Pivot Point 1-day, Support 1. $117.00-$116.70: Lower boundary of the Bollinger Band on 4-hour chart, Pivot Point 1-day Support 2 $114.30 – 38.2% Fibo retracement weekly $112.50 – SMA50, 4-hour, SMA200 1-hour, Bollinger Band 1-day middle. On the upside, there are three resistance areas: Above the current price up to $123.00 – host of SMA levels, Bollinger Band 1-hour Middle, 23.6% Fibo retracement daily, 38.2% Fibo retracement daily. $124.30 – Bollinger Band 4-hour Upper, 61.8% Fibo retracement daily, previous week high. $125.50 – DMA50, 38.2% Fibo retracement monthly. 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 USD/JPY retreats from 2019 highs, turns flat on the day below 110.50 FX Street 4 years ETH/USDerclaimed ground above $121.00 handle. The ultimate resistance is seen at $125.50. ETH/USD reclaimed $121.00 after a short-lived dip to $118.12. The second largest coin with the market value of $12.6B is consolidating gains after a steady growth at the end of the previous week. Ethereum is moving together with the market as there is no critical fundamental news that might have influenced price momentum. Meanwhile, the Ethereum network has seen the reduction of new coins created daily. This is a result of a difficulty bomb activated ahead of the upcoming Constantinople upgrade. ETH/USD daily confluence detector ETH/USD… 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.