Ethereum Bulls For New Target – Ethereum declined in price against US Dollars below $134 support level. ETH/USD pair even broke the $132 level and 100 SMA. New weekly low formed near $131 and later started a fresh upward move. The price moved near he $134 level and gained control over the price and started a new upside move. globalexchange.
Global exchange. From the hourly chart, ETH price is bounced from the weekly low from $131 level. Price break above $137 takes the price towards new high. The price still face hurdle near $137 and $138 levels. If pair fails near the $138 resistance the price might go down to $134. globalxchange. The hourly MACD for the pair is in bullish zone and RSI is in overbuy zone and declining.
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