Ethereum is performing a near-term technical bounce after the ETHUSD pair found strong support from the $168.00 level over the weekend. ETHUSD bulls need to hold the pair above the $185.00 level to encourage buying interest towards the $210.00 level. Failure to overcome the $185.00 level could easily see the ETHUSD pair sold back towards the September low.
• If the ETHUSD pair trades above the $185.00 level, key resistance is found at the $189.00 and $210.00 levels. • If the ETHUSD pair trades below the $185.00 level, key support is found at the $168.00 and $150.00 levels.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.