Ethereum is going to be breaking out of the arch pattern soon. Unlike most trend breakouts, ETH is looking like it will still be trading sideways after the movement out from trend lines.
Low volumes and neutral indicators on most charts have given indication that it's likely Ethereum will still trade sideways into further consolidation.
Supports are currently at $291, $288, and $280. On the top, we have resistance at $296, $303, and $313.
Stay tuned for more updates after the break. Happy trading!