HomeContributorsTechnical AnalysisETHUSD Could Hit $190.00

ETHUSD Could Hit $190.00

Ethereum is looking increasingly bullish over the short-term, with the second largest cryptocurrency firming above the technically important $170.00 level. ETHUSD bulls may start to target the $190.00 resistance if Bitcoin attempts to rally towards the $10,000 level. As always, the price movement in BTCUSD will heavily influence the direction of travel for the ETHUSD pair.

The ETHUSD pair is bullish while trading above the $170.00 level, key resistance is found at the $180.00 and the $190.00 levels.

If the ETHUSD pair trades below the $170.00, sellers may test the $158.00 and $148.00 support levels.

Octa
Octahttp://octaengine.com/c/?p=203&bt=gif&b=2369
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.

Featured Analysis

Learn Forex Trading

How to Use Pivot Points

Risk/Reward Ratio

Approaching Money Management