• Ethereum is trading like a rocket on Wednesday up around 10.88%.
  • The price will be heading to some key resistance levels outlined on the chart.

ETH/USD Daily Chart

Ethereum is steaming ahead today as crypto sentiment skyrockets again.

The ETH/USD pair is trading over 10% higher and could now hit some important resistance zones.

272.00 has provided some support in the past and therefore could act like a resistance area this time out.

Beyond that closer to 360.00 is the next target and if this momentum keeps up it might just get there.

The interesting thing is the fact that the volume is backing this move as you can see from the volume indicator at the bottom.

When the market pushes we normally hope that the volume rises too for confirmation and this is definitely the case.

Ethereum price chart

Additional Levels

ETH/USD

Overview
Today last price 262.53
Today Daily Change 24.80
Today Daily Change % 10.43
Today daily open 237.73
 
Trends
Daily SMA20 191.93
Daily SMA50 163.61
Daily SMA100 160.92
Daily SMA200 175.69
 
Levels
Previous Daily High 239.55
Previous Daily Low 217.93
Previous Weekly High 224.35
Previous Weekly Low 179.06
Previous Monthly High 186.73
Previous Monthly Low 125.81
Daily Fibonacci 38.2% 231.29
Daily Fibonacci 61.8% 226.19
Daily Pivot Point S1 223.92
Daily Pivot Point S2 210.11
Daily Pivot Point S3 202.3
Daily Pivot Point R1 245.55
Daily Pivot Point R2 253.36
Daily Pivot Point R3 267.17

 

 

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