- ETH/USD broke out the channel formation on the hourly chart.
- Ethereum is now trading 4.50% higher as general crypto sentiment turns positive.
Now the 180.00 level is the resistance to beat but it has proved to be a difficult level in the past.
Right now price is resting at the value area. This is indicated by the bell curve on the left-hand side of the chart.
The relative strength indicator (RSI) has pushed to the highest level since the beginning of last month.
If we do get a retracement the market might look at the trendline it has just broken out of.
|Today last price||178.03|
|Today Daily Change||7.66|
|Today Daily Change %||4.50|
|Today daily open||170.37|
|Previous Daily High||177.2|
|Previous Daily Low||168.1|
|Previous Weekly High||186.07|
|Previous Weekly Low||164.46|
|Previous Monthly High||224.69|
|Previous Monthly Low||152.51|
|Daily Fibonacci 38.2%||171.58|
|Daily Fibonacci 61.8%||173.73|
|Daily Pivot Point S1||166.58|
|Daily Pivot Point S2||162.78|
|Daily Pivot Point S3||157.47|
|Daily Pivot Point R1||175.68|
|Daily Pivot Point R2||181|
|Daily Pivot Point R3||184.79|
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