Ethereum is hitting record new all-time price highs on Tuesday, following the recent launch of ETH futures on the Chicago Mercantile Exchange. Technical analysis highlights that the $2,000 level remains a realistic price target while the ETHUSD pair holds above the $1,700 level. In case the $2,000 level is broken then the $2,400 level is also seen as another major upside target.
The ETHUSD pair is only bullish while trading above the $1,700 level, key resistance is found at the $1,900 and the $2,000 levels.
If the ETHUSD pair trades below the $1,700, sellers may test the $1,600 and $1,500 support levels.
