Ethereum Price Analysis: ETH/USD bulls rocketing 10% higher smashing out of narrow range
|- Ethereum price is trading in the green by 10.95% in the session on Monday.
- ETH/USD has smashed above resistance see at the $145 mark.
- The next major barrier for the bulls to break down was seen at $150, which has been conquered.
ETH/USD weekly chart
The price produced its best weekly performance seen since the week of 6 March.
ETH/USD daily chart
Given the recent bout of buying pressure, the bulls are set to void a bearish ascending wedge structure.
Spot rate: 158.12
Relative change: +10.95%
High: 158.25
Low: 142.88
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