- Ethereum price in the session on Wednesday trading up in positive territory by over 8%.
- ETH/USD bulls must break down $120 for great upside in the near-term.
- Should a breach of $121 firmly to the upside be seen, then $130 and $150 would be the next likely barriers to be attacked.
ETH/USD 4-hour chart
Spot rate: 119.39
Relative change: +8.02%
High: 121.25
Low: 110.32
Trend: Bullish
Resistance 1: 121.50, 4-hour resistance.
Resistance 2: 127.48, daily pivot point resistance.
Resistance 3: 130.00, 4th November high.
Support 1: 103.07, daily pivot point support.
Support 2: 95.88, daily pivot point support.
Support 3: 90.87, daily pivot point support.
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