Ethereum is still searching for direction on Thursday as crypto traders await the next big directional move in the second-largest cryptocurrency. A rally above the $200.00 level exposes further upside in the ETHUSD pair towards the $215.00 resistance level. To the downside, weakness below the $188.00 level could trigger a sharp decline back towards the $175.00 support level.
The ETHUSD pair is only bullish while trading above the $188.00 level, key resistance is found at the $200.00 and the $215.00 levels.
If the ETHUSD pair trades below the $188.00, sellers may test the $175.00 and $155.00 support levels.
