RATE Group | ETH/USD hacked rocketed 9% higher, but more to come
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ETH/USD hacked rocketed 9% higher, but more to come

20 Dec ETH/USD hacked rocketed 9% higher, but more to come

Posted at 19:10h in Ethereum News by

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  • Ethereum on Thursday is resuming bullish momentum, up with gains over 9% so far in the session.
  • Near-term supply seen around $110-114 must be broken down, to allow for another wave of buying pressure. Eyes would then be on the next target, $130 territory. 

ETH/USD 15-minute chart


 

 

Spot rate:                 109.08 

Relative change:      63.45%

High:                         112.23

Low:                          99.83

 

 

Trend:                        Bullish

 

Resistance 1:             110.50, area of supply. 

Resistance 2:             112.58, daily pivot point resistance.

Resistance 3:             115.88, daily pivot point resistance.

Support 1:                  103.10, ascending near-term trend line. 

Support 2:                  97.40, daily pivot point support.

Support 3:                  94.11, daily pivot point support.

 

ETH/USD 60-minute chart

  • Near-term ascending…

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