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Ethereum Price Analysis: ETH/USD bulls in reaching distance of a big $200 return

  • Ethereum price is trading in the green by 2.35% in the session on Monday. 
  • ETH/USD bulls have been pushing higher for five consecutive sessions. 

  • A return into the $200 price mark, would very likely restore much buyer faith. 

 

ETH/USD weekly chart

The price is currently running at five consecutive sessions in the green, on a good path to recovering the drop seen in March. 

ETH/USD daily chart

The price is on a strong daily run to the north, but bulls must now break $200 to the upside, likely providing a greater wave of upside momentum. 


 

Spot rate:                      153.38

Relative change:          -3.35%

High:                             199.26

Low:                              193.76

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