- Ethereum price moved higher after a correction against the US Dollar and traded just as highlighted in yesterday’s post.
- There is a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which may act as a swing area in the short term.
- There is a chance of ETH moving towards the $20.00 level if the bulls remain in control.
Ethereum price traded higher just as I highlighted yesterday. Moving ahead, if all goes well, ETH might trade towards the $20.00 level.
Major Support Level – $18.00
Major Resistance Level – $19.30
