ETH/USD – Etheruem Bulls Rebound Beyond 2019 Highs Key Support Levels: $350, $336, $325. Key Resistance Levels: $378, $390, $400. Last week, Ethereum dipped beneath the 100-days EMA as it slipped into the $320 support. From there, the bulls defended this support level, which produced a bullish engulfing candle on Thursday. From there, Ethereum followed Bitcoin and continued to slowly grind higher over the weekend and eventually managed to push above the 2019 high at $364 today. Despite the bullishness, it is essential to note that, on the lower timeframe chart below, there is some evidence that there is some bearish divergence starting to form between price action and the RSI indicator. As price action is making a higher-high, the RSI indicator makes a lower high – known as a bearish divergence . ETH/USD 4HR Chart. Source: TradingView ETH-USD Short Term Price Prediction Looking ahead, if the bearish divergence plays out, the market would inevitably head lower. In this case,...