27 June 2019, OctaFX – Ethereum price has started to reverse from the $360.00 level after following higher and surging to its highest level in over eighteen months.
Ethereum price technical analysis
It may be too early to call a top in ETHUSD price as a bullish pattern with a target of $490.00 is still in progress. Sellers need to move the ETHUSD pair under the $310.00 support level to encourage short-term sellers back into the game.
ETHUSD price is bullish while trading above the $300.00 level, key resistance is found at the $320.00 and $325.00 levels.
If ETHUSD price trades below the $300.00 level, key support is found at the $290.00 and $280.00 levels.
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