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Ethereum Price Analysis: ETH/USD Broke Up at $168, Targeting $178 Price Level

From coinspeaker.com

ETH shifts to bullish trend on the medium-term outlook. Ethereum was bearish last three days. The Bulls defended $159 demand zone and prevented the Bears pushing down the currency pair further. At the same time, the Bulls gained momentum and made the coin rallied towards the former supply zone of $168. It consolidated for a day at the zone. A strong bullish candle emerged at the opening of the market today that broke up $168 price level. At the moment, the crypto is facing $178 supply zone. The crypto is carrying out pullback to retest the broken level; this is necessary in a trending market in order to continue its ... (full story)

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