Ethereum is attempting to build bullish momentum on Wednesday as the cryptocurrency market starts to recover from the September trading low. The ETHUSD pair could advance towards the $190.00 level if bulls keep price above the $175.00 level. Overall, a loss of the $175.00 support level could prompt the ETHUSD pair to test towards the important $150.00 level.
• If the ETHUSD pair trades above the $175.00 level, key resistance is found at the $190.00 and $205.00 levels.
• If the ETHUSD pair trades below the $175.00 level, key support is found at the $165.00 and $150.00 levels.