ETHUSD turning bullish

Ethereum is growing increasingly bullish as the green shoots spread through the entire cryptocurrency market on Wednesday. ETHUSD buyers need to rally the cryptocurrency towards the $158.00 resistance level to help form a bullish reversal pattern. Overall, the ETHUSD pair may start to appear undervalued compared to other cryptocurrencies from current trading levels.

• If the ETHUSD pair trades above the $150.00 level, key resistance is found at the $158.00 and $170.00 levels.

• If the ETHUSD pair trades below the $150.00 level, key support is found at the $125.00 and $115.00 levels.