ETH/USD broke out the channel formation on the hourly chart. Ethereum is now trading 4.50% higher as general crypto sentiment turns positive. Ethereum has broken out of the channel formation on the hourly chart. The move was backed by good volume on the Coinbase exchange. Now the 180.00 level is the resistance to beat but it has proved to be a difficult level in the past. Right now price is resting at the value area. This is indicated by the bell curve on the left-hand side of the chart. The relative strength indicator (RSI) has pushed to the highest level since the beginning of last month. If we do get a retracement the market might look at the trendline it has just broken out of. 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 climbs above 107 as Wall Street’s main indexes turn positive on the day FX Street 3 years ETH/USD broke out the channel formation on the hourly chart. Ethereum is now trading 4.50% higher as general crypto sentiment turns positive. Ethereum has broken out of the channel formation on the hourly chart. The move was backed by good volume on the Coinbase exchange. Now the 180.00 level is the resistance to beat but it has proved to be a difficult level in the past. Right now price is resting at the value area. This is indicated by the bell curve on the left-hand side of the chart. The relative strength indicator (RSI) has pushed to the highest… 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.
