Ethereum Price Analysis: ETH Could Make a Sustained Move Higher - Coins On News
ETH price managed to stay above the $130 support level and recovered above $132 against the US Dollar. There were swing moves near $130 before the price settled above the $132 pivot level. This week’s important bearish trend line was breached with resistance at $131 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now facing a solid resistance near the $134 level and it could extend gains in the near term. Ethereum price spiked a few times higher against the US Dollar and bitcoin. ETH formed a solid support near $130 and it may climb