Ethereum price bullish above $135.00

March 29, OctaFX – Ethereum price continues to struggle for direction on Friday, with the second largest cryptocurrency by market capitalization contained to a $10.00 price range so far this week.

ETHUSD price technical analysis

The $135.00 level remains the key weekly pivot, while critical technical support is found at the $124.00 level. The daily time frame is showing that major weekly technical resistance for the ETHUSD pair is located at the $142.00 level.

  • The ETHUSD pair is only bullish while trading above the $135.00 level, key resistance is found at the $124.00 and $115.00 levels.

  • If the ETHUSD pair trades below the $135.00 level, key resistance is found at the $142.00 and $160.00 levels.

Ethereum price


This article was provided by OctaFX. It should NOT substitute for professional marketing consulting. Forex margin trading involves substantial risks. Forex margin trading exposes participants to risks including, but not limited to, changes in political conditions, economic factors, and other factors. All of which may substantially affect the price or availability of one or more foreign currencies.

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