Ethereum price rallied recently above the $133.65 and $137.50 resistance levels. ETH/USD is back in a positive zone and it could accelerate higher towards the $145.00 and $150.00 resistances.

  • Ethereum price surged higher after it broke the key $127.65 and $133.65 resistances.
  • ETH/USD is now following a bullish trend line with support at $137.00 on the 30-minute chart.
  • The price could extend gains above $142.00 as long as it is trading above the $133.65 support.

Ethereum Price Analysis

The past two sessions changed the crypto market sentiment, with bullish moves in bitcoin, Ethereum, ripple, binance coin, EOS, litecoin, XLM and other altcoins. ETH/USD gained bullish momentum after it broke the key $127.65 and $133.65 resistance levels.

Ethereum Price Analysis ETH Prediction

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Looking at the 30-minute chart of ETH/USD, the pair started a solid upward move after it formed a support base near the $127.65 level. Buyers gained control and the price rallied above the $133.65 and $137.65 resistance levels.

There was even a close above the $135.20 pivot…

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Source: https://thebitcoinnews.com/ethereum-eth-price-prediction-bulls-are-back-with-target-150/