ETH/USD is currently trading at $392 and eying up the $400 resistance level. The daily chart is still a bull flag awaiting confirmation from the buyers. Ethereum price is currently hovering $392 as bulls are getting ready for the next leg up. The trading volume has been decreasing in the past few days and many indicators have been able to cool off. ETH/USD daily chart The daily chart is still a bull flag awaiting another leg up while the RSI has cooled off notably. The 12-EMA has been a strong support level for Ethereum which has bounced several times from it. ETH/USD 4-hour chart Ethereum is clearly trading sideways and has lost the EMA’s a few times but it’s now trading above both again. The only real resistance level is located at $400, a breakout above this level will take Ethereum towards $415 and most likely close to $450 thanks to the bullish momentum. 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/JPY rebounds toward 107.00 on rising US T-bond yields FX Street 2 years ETH/USD is currently trading at $392 and eying up the $400 resistance level. The daily chart is still a bull flag awaiting confirmation from the buyers. Ethereum price is currently hovering $392 as bulls are getting ready for the next leg up. The trading volume has been decreasing in the past few days and many indicators have been able to cool off. ETH/USD daily chart The daily chart is still a bull flag awaiting another leg up while the RSI has cooled off notably. The 12-EMA has been a strong support level for Ethereum which has bounced several times from… 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.