- ETH/USD spiked above $145 and extended gains past $147 before reversing the trend.
- Ethereum is strongly supported after breaking above key resistance barriers.
- ETH/USD to continue pushing the uptrend higher above $150 with a medium-term set on $160.
The 1-hour chart shows how Ethereum has been battling barriers recording higher highs higher lows. The ascending trendline has been working as a key support level since March 25. The weekend trading sessions saw ETH/USD spike above $145 and extended gains past $147 before reversing the trend.