Ethereum Price Analysis: ETH Bullish In Short Term Above $106 | NewsBTC
ETH price recovered recently and broke the $105, $106 and $109 resistance levels against the US Dollar. Yesterday’s highlighted important bearish trend line was breached with resistance near $106 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now placed nicely above the $106 level and it could recover towards the $113 or $114 level.