14-11-2019 04:08 via newsbtc.com

Ethereum (ETH) Could Break Higher After Long Consolidation

Ethereum price seems to be consolidating for quite some time above $180 against the US Dollar.
The price could start a strong upward move above $190 as long as it is above $180.
There is a short term ascending channel forming with support near $186 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin is still capped by the $8,880 and $8,960 resistance levels.Ethereum price is trading in a broad range versus the US Dollar and bitcoin. ETH price remains well bid above the $178 support a
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