ETH/USD seems unstoppable after beating a $250 resistance level. The next resistance point is located at $363, the high of 2019. Ethereum is clearly leading the crypto space right now after a massive breakout above $250 and $300. ETH bulls managed to crack $288, the 2020-high and were facing practically no resistance until $363. This level was established in June 2019 as the 2019-high and it’s the most crucial resistance point all the way until $800. ETH/USD weekly chart Because the run to $1,400 was so fast and volatile and the way down also happened in just a few months, neither bulls nor bears were able to establish many clear support and resistance levels. Now, Ethereum is facing almost no resistance until its all-time high again. The $363 level is the most crucial short-term level to beat followed by $515 and then finally $834. ETH/USD daily chart Obviously, this rally has a ton of momentum behind it and most indicators are now extremely overextended but won’t necessarily stop the bulls just yet. It’s hard to really pinpoint when Ethereum will slow down. 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/CHF rebounds from multi-year lows, lacks follow-through FX Street 3 years ETH/USD seems unstoppable after beating a $250 resistance level. The next resistance point is located at $363, the high of 2019. Ethereum is clearly leading the crypto space right now after a massive breakout above $250 and $300. ETH bulls managed to crack $288, the 2020-high and were facing practically no resistance until $363. This level was established in June 2019 as the 2019-high and it’s the most crucial resistance point all the way until $800. ETH/USD weekly chart Because the run to $1,400 was so fast and volatile and the way down also happened in just a few months,… 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.
