ETHUSD COULD HIT $190.00

Ethereum is looking increasingly bullish over the short-term, with the second largest cryptocurrency firming above the technically important $170.00 level. ETHUSD bulls may start to target the $190.00 resistance if Bitcoin attempts to rally towards the $10,000 level. As always, the price movement in BTCUSD will heavily influence the direction of travel for the ETHUSD pair.

• The ETHUSD pair is bullish while trading above the $170.00 level, key resistance is found at the $180.00 and the $190.00 levels.

• If the ETHUSD pair trades below the $170.00, sellers may test the $158.00 and $148.00 support levels.