Ethereum price rallied upwards strongly to surpass our waited target at 137.24 and touches 50% Fibonacci correction level at 154.00, noticing that the price attempts to breach it now, which hints the price to achieve more gains in the upcoming period, as our next target is located at 170.76.
Therefore, we will continue to suggest the bullish trend on the intraday basis unless breaking 137.24 level and holding below it.
Expected trading range for today is between 140.00 support and 170.00 resistance
Expected trend for today: Bullish