- Ethereum price is trading in the green by 4.30% in the session on Monday.
- ETH/USD is seeing momentum to the upside as the price breaks out from a narrowing range.
- A breakdown of the $140 barrier is utmost critical for the Ethereum price recovery.
ETH/USD daily chart
The daily price action had been capped between a high of $135 down to a low of $125, the bulls are now breaking this down.
ETH/USD 60-minute chart
Bulls are retesting a breached 4-hour support eyed at $141.50, after topping within the $142 price region.
Spot rate: 141.19
Relative change: +4.30%
High: 142.98
Low: 134.92
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