Ethereum Price Analysis: ETH Bulls Are Back, $150 Could Be Next

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  • ETH price broke a few important resistance levels near the $134 level against the US Dollar.
  • The price gained traction and settled above the $134 and $136 resistance levels.
  • This was a break above a few continuation patterns near $133 and $136 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair is currently trading near the $139 resistance and it could continue to trade higher in the near term.

Ethereum price is gaining bullish momentum against the US Dollar and bitcoin. ETH is…

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