Ethereum Trading At A Pivotal Point

Ethereum Trading At A Pivotal Point – Ethereum price saw a downside correction below $138 resistance level against US Dollar. ETH/USD tested near the $135 support level and corrected upside. The recover moved the price above the 100 SMA and $137 resistance. The price got support near the $138 resistance level. globalexchange.
Global exchange. The hourly chart shows that ETH is clearly trading near the $138 hurdle. Fail in break takes the price down towards $134 resistance level. Otherwise, the price may take a rally towards $142 resistance level. globalxchange. The hourly MACD for the pair is moving towards the bullish zone and RSI is crossing the 50 level.

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