Home Price Analysis Market Analysis Ethereum technical analysis: ETH/USD heading toward big game changing $400 barrier; huge...

Ethereum technical analysis: ETH/USD heading toward big game changing $400 barrier; huge gains of over 10%

June 26, 2019

Spot rate: 347.54

Relative change: +10.86%

High: 349.46

Low: 249.63

ETH/USD 60-minute chart

Price action broke out from a bullish pennant formation as seen via the 60-minute chart view, helping drive ETH further north.

Bulls are heading towards a critical barrier, $400, which if broken could open up the door the a large wave of buying pressure.