Ethereum (ETH) Price Hesitates But Further Gains Seem Likely

  • ETH price traded to a new 2019 high near $188 and recently corrected lower against the US Dollar.
  • The price corrected below the $180 level and tested the key $174-175 support area.
  • There is a major bullish trend line in place with support at $174 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair remains supported on dips and it is likely to test the $188 or even $190 level in the near term.

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