Ethereum Price Analysis: ETH/USD vital hourly resistance zone broken

  • Ethereum price is trading in the grene by 2.35% in the session on Thursday. 
  • ETH/USD bulls pressing to break down the heavy supply range, $175-190. 
  • The upside pressure is resuming following the commence higher on Wednesday.


ETH/USD daily chart

Supply remains heavy from the range of $175 up to $190, ahead of the $200 retest. 

ETH/USD 60-minute chart

The bulls smashed through a critical hourly resistance zone, $185-187.


Spot rate:                      153.38

Relative change:          +2.35%

High:                             188.73

Low:                              178.55


Today last price 186.06
Today Daily Change 2.96
Today Daily Change % 1.62
Today daily open 183.1
Daily SMA20 164.42
Daily SMA50 157.34
Daily SMA100 185.14
Daily SMA200 172.23
Previous Daily High 184.29
Previous Daily Low 170.07
Previous Weekly High 175.11
Previous Weekly Low 148.3
Previous Monthly High 252.76
Previous Monthly Low 89.65
Daily Fibonacci 38.2% 178.85
Daily Fibonacci 61.8% 175.5
Daily Pivot Point S1 174.02
Daily Pivot Point S2 164.94
Daily Pivot Point S3 159.8
Daily Pivot Point R1 188.23
Daily Pivot Point R2 193.37
Daily Pivot Point R3 202.45



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