Ethereum Sees Rapid Raise

Ethereum Sees Rapid Raise – Ethereum in the bearish market found support near $122 against US Dollar. ETH/USD started a upside correction and broke $125 resistance level. The price later broke the $130 resistance and the 100 SMA. The pair also broke the 61.8% Fib retracement level from the last drop. The pair gained control above $132. Global exchange.
globalexchange. The hourly chart shows that, ETH price across $139 level faced a strong support. Break above $138 takes the price above $142. Otherwise, the price might trade up to $130 support level. globalxchange. The hourly MACD for the pair is about to move towards the bearish zone and RSI is above 60 level.

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