Ken Chigbo
Independent Analyst
- Ethereum price is trading in the red by -0.35% in the session on Tuesday.
- ETH/USD has smashed above resistance that had been capping upside from $145-150.
- The next major barrier for the bulls to break down is eyed at $200.
ETH/USD daily chart
The bulls were able to produce their biggest daily gain in over three weeks.
ETH/USD 60-minute chart
The price has made a breakout from a bullish flag structure, inviting greater near-term momentum.
Spot rate: 171.10
Relative change: -0.35%
High: 176.48
Low: 167.60
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