Ethereum price has remained unchanged current market value since the weekend trading. A breakout is expected in the coming sessions today as price grinds higher toward the triangle pattern resistance. ETH/USD closed last week’s trading at $137. The weekend session was mostly characterized by stability. However, there was a slight retracement that found support marginally below $15.00. Ethereum price has remained unchanged current market value since the weekend trading. The 1-hour chart shows the price below both the 50 SMA and the 100 SMA. The two Simple Moving Averages will limit upward movement from the support mentioned above. $138 is the immediate breakout point for Ethereum. Trading above this level could open the path to the second resistance at $140 before tacking mid-March resistance at $146. Similarly, a breakout is expected in the coming sessions today as price grinds higher toward the triangle pattern resistance. As far as technical levels are concerned, the RSI shows that sellers will continue to control the price. Although the MACD is horizontal, it is stuck beneath the mean line (0.0) and needs a push back into the positive region for ETH/USD to gain momentum towards $140. Below $135 short-term support, Ethereum will find other support levels at $132, $129 and $122. ETH/USD 1-hour chart 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 Turkey: Amid recession, elections seen as a test for the ruling party – Standard Chartered FX Street 4 years Ethereum price has remained unchanged current market value since the weekend trading. A breakout is expected in the coming sessions today as price grinds higher toward the triangle pattern resistance. ETH/USD closed last week's trading at $137. The weekend session was mostly characterized by stability. However, there was a slight retracement that found support marginally below $15.00. Ethereum price has remained unchanged current market value since the weekend trading. The 1-hour chart shows the price below both the 50 SMA and the 100 SMA. The two Simple Moving Averages will limit upward movement from the support mentioned above. $138 is… 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.
