FINANCIALTELEGRAPH

ETH/USD BULL TREND

Long
BITFINEX:ETHUSD   Ethereum
Japanese citizens might soon be able to use crypto payments for transportation. FSA-regulated DeCurret, which will be launching soon, is said to might work soon with Japan's railway company to facilitate ETH and other digital assets as payment.


Ethereum was corrected at lower price test support area against the dollar at $39 support area
The price is found at a strong bull interest nearly at $139 and it recently bounced back
There was a break above a declining channel to resistance at $141 on hourly chart the pair
Is currently trading at $144.86 now there is a possibility to continue uptrend movement into resistance level at $146.70 up to 149.10

Ethereum price must still moving higher at once again and it seems like the bulls are eyeing a $147 swing upward till $149.10 how ever there was a break decline channel with the resistance at $142 on the hourly chart .

Hourly RSI – The RSI for ETH/USD is currently moving higher towards the 80 level.

Major support line at $139.40

Major Resistance line at $149.10

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