Ethereum Price Analysis: ETH Could Surpass $300 This Week


ETH has been consolidating within a sideways range for the last 2-3weeks and looks to finally break to the upside. Ethereum price action has broken out of an asymmetrical triangle and looks poised for a move back up to $300 this week. Ethereum Price 4-Hour Chart Analysis On the 4 Hour chart for ETH/USD, we can see the period of consolidation that has taken place over the last 2-3weeks forming an asymmetrical triangle as mentioned in my previous ETH analysis, which has recently been broken to the upside. I will be watching closely over the coming days to see if price action can break above $235 where the 200 EMA is currently sitting. In order for a sustainable uptrend to form price levels must cross the 200 EMA and hold above it. Maxx Momentum has flashed a buy signal at the breakout point displayed by orange dots as momentum shifts…

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