Ethereum price soared during Wednesday’s trading sessions to record a day high of $527.05. The bullish wave continued controlling Ethereum’s market during Thursday’s trading sessions to breach the resistance around $545.17 (76.4% Fibonacci retracement) as we predicted during yesterday’s analysis. Ethereum price continued rising along the new uptrend line, which has been evident since April 10th, reaching $559 at the time of writing of this analysis. Will ethereum price continue rising during the next 24 hours? “Three white soldiers” apparent on the 4 hour ETHUSD chart: Let’s examine the 4 hour ETHUSD chart from Bitfinex, while plotting the 20 period,Powered by WPeMatico
