Ethereum Ramps Upside

Ethereum Ramps Upside — Ethereum price recovered nicely above $130 support level against US Dollar. ETH/USD formed a low at $127 after trading above $130. The price crossed the $132 resistance level and the 50% Fib retracement level. The upside move supported by $134 resistance level and the 100 SMA. global xchange.
Global exchange. The hourly chart shows that ETH price is facing a strong resistance near the $134 level. Break above $136 support the price to break upside. Otherwise, below which may come down near $131. global X change. The hourly MACD for the pair is in the bullish zone and RSI is moderately with 50 level.

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