ETH Bulls Coming?

ETH Bulls Coming? – ETH price saw a bearish action from the $119 – $120 resistance against USD. ETH/USD pair declined below the $115 level and visited $113 low. Globalxchange. There was a found below $115 level and the 100 SMA. Buyers found interest near the $114 support area. The 61.8% Fib retracement level acted as support from the $111 low to $120 high. Global X change.

Globalexchange. From the above chart , ETH price is gaining its value but remains below $120. A break above $120 takes a run towards $130. On the other hand, the price could also drop back to $114 or $110. Global xchange. MACD for the pair is going into the bullish zone and RSI is near the 50-55 level.