Breaking: ETH/USD shoots through $280 and it's eying up $288, the 2020-high

ETH/USD just had another important breakout above $280 and it's only facing resistance at $288.
Ethereum is also getting more trading volume in the past few days.

Lorenzo Stroe Independent Analyst

Ethereum just broke $280, a psychological resistance level, and the high set on July 23. Bulls are currently still pushing ETH trying to get close to that $288 barrier set back in February.

ETH/USD daily chart

Ethereum price is currently hovering $283 and is not facing many resistance levels until $288. Most indicators are in favor of ETH in the short term.

Author

Lorenzo Stroe

Independent Analyst

Lorenzo is an experienced Technical Analyst and Content Writer who has been working in the cryptocurrency industry since 2012. He also has a passion for trading.

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