Ethereum price rallied recently and broke the $109 and $113 resistances against the US Dollar.
ETH surpassed a crucial bearish trend line with resistance near $109 on the 4-hours chart (data feed from Coinbase).
The price gained traction, traded as high as $125, and it is currently correcting lower.
Ethereum price jumped sharply into a bullish above $113 against the US Dollar. ETH remains supported on dips and it could continue to move higher towards $125 and $130.
Ethereum Price Analysis
After forming a strong support base near the $100 level, Ethereum price started a
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