Ethereum has moved towards the best levels of the month so far as its nearest rival, Bitcoin, threatens to rally towards the $10,000 level. ETHUSD bulls could start to target towards the $190.00 resistance level if they continue to gain traction above the $170.00 level. At this stage, only sustained weakness below the $165.00 support level would cause ETHUSD traders to turn bearish.
The ETHUSD pair is bullish while trading above the $165.00 level, key resistance is found at the $180.00 and the $200.00 levels.
If the ETHUSD pair trades below the $165.00, sellers may test the $158.00 and $145.00 support levels.
