Ethereum On A Up Lift – Ethereum from $127 high saw a downside correction against US Dollar. ETH/USD traded below $125 and $123 support levels. The pair found a strong support near $122 area and prevented further losses. Later the price corrected above $124 resistance level. There was a break above 50% Fib retracement level from $127 high to $122 low. Global Exchange.
Globalexchange. The daily chart shows, ETH price is trading above $122 and $124. Break above $127 might push the price towards $130 resistance. Otherwise, the price might decline below $122. Globalxchange. The hourly MACD for the pair in the bullish zone and RSI is above the 60 level.
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