- Ethereum is trading like a rocket on Wednesday up around 10.88%.
- The price will be heading to some key resistance levels outlined on the chart.
ETH/USD Daily Chart
Ethereum is steaming ahead today as crypto sentiment skyrockets again.
The ETH/USD pair is trading over 10% higher and could now hit some important resistance zones.
272.00 has provided some support in the past and therefore could act like a resistance area this time out.
Beyond that closer to 360.00 is the next target and if this momentum keeps up it might just get there.
The interesting thing is the fact that the volume is backing this move as you can see from the volume indicator at the bottom.
When the market pushes we normally hope that the volume rises too for confirmation and this is definitely the case.
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Additional Levels
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