ETHUSD Attracting bulls
Ethereum has started to attract buying interest once again as the rise in Bitcoin is helping to lift the cryptocurrency market and a number of top altcoins. Bulls need to break past the $365.00 resistance level to secure further technical buying towards $400.00. Medium-term analysis is also pointing to the $395.00 area as a potential bullish target if the $400.00 level is broken.
The ETHUSD pair is only bullish while trading above the $365.00 level, key resistance is found at the $395.00 and the $400.00 levels.
If the ETHUSD pair trades below the $365.00, sellers may test the $345.00 and $330.00 support levels.