Ethereum looks strong in the short-term as the price surrounding the second-largest crypto appears increasingly strong. Bulls have recently moved the price back inside a large ascending wedge pattern, which is located between the $1,610 and $2,100 level. As long as bulls keep the ETHUSD pair above inside the wedge then it is possible a rally towards the top trendline could take place.
The ETHUSD pair is only bullish while trading above the $1,610 level, key resistance is found at the $1,800 and the $1,900 levels.
If the ETHUSD pair trades below the $1,610, sellers may test the $1,500 and $1,300 support levels.
