The Currency Analytics
By Dan Saada
The price of ETH gained strength above $125 and at the $130 resistance levels versus the US Dollar. Support is seen at $128 on the hourly chart of ETH/USD.
The price of ETH is likely to trend higher, and the next target for ETH investors is $140 and $145.
It is expected for the Ethereum Price to gain strength above key levels versus the USD and the Bitcoin.
The gains from Ethereum is likely to sustain past the $135 level in the forthcoming sessions.
Looking at the technical indicators, it is seen that the MACD for ETH/USD is set in the Bullish zone, showing a positive bias.
Major Support Level per technical indicators is at $132, followed by $130. The Major Resistance Level is seen at $135 and $140.
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