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  • Ethereum price is trading in the red by -0.35% in the session on Tuesday. 
  • ETH/USD has smashed above resistance that had been capping upside from $145-150. 
  • The next major barrier for the bulls to break down is eyed at $200. 

ETH/USD daily chart

The bulls were able to produce their biggest daily gain in over three weeks. 

ETH/USD 60-minute chart

The price has made a breakout from a bullish flag structure, inviting greater near-term momentum. 

Spot rate:                      171.10

Relative change:          -0.35%

High:                             176.48

Low:                              167.60