Ethereum Bulls Uninterrupted — Ethereum extend moves below the $130 resistance against US Dollar. ETH/USD pair dipped towards the $124 and $122 supports. Buyers stopped the losses, which showed the bounce of price towards bulls. A high was formed at $130 and the price later corrected lower. The price dipped below $124 and 50% Fib retracement. Global X change.
Global exchange. The hourly chart shows that ETH price is clearly trading above $125 support. Price above $129 resistance take the pair to $134. Otherwise, the price might drive down to 120. Global xchange. The hourly MACD for the pair is in the bullish zoner and RSI is moving below 50 level.
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