Ethereum Technical Analysis: ETH/USD $180 beckons on breaking trendline resistance
- Ethereum recovery remains sluggish below $160 resistance zone.
- Most technical indicators remain bullish in the course of the weekend trading on Saturday.

Spot rate: $154.89
Relative change: -0.1056
Percentage change: 0.006%
Trend: Bullish
Volatility: Shrinking
ETH/USD daily chart
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Bullish sentiments growing for Ethereum as the full stochastic oscillator corrects from the oversold.
Ethereum must break both the resistances at $160 and the descending trendline to open the door for gains heading to $180.
ETH/USD 4-hour chart
Ethereum grinds closer to a falling wedge pattern breakdown.
The 50 SMA at $150 is in line to offer support in addition to $145, $140 and $130.
ETH/USD 1-hour chart
Ethereum trend has a bullish bias in the short term, trendline support continues to be instrumental.
The price is trading above the 50 SMA and the 100 SMA.
Author

John Isige
FXStreet
John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren
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