Ethereum is up 2,8% and has broken out of its descending trendline. Lets have a look at this 4-hour chart for Ethereum:
Comment: From this chart we can see that Ethereum broke out about 24 hours ago and is right now trading at 309 USD. The next target is 320 and I would be surprised if it doesnt reach that level.
Now, if Ethereum reach and close above 320 then we have next resistance at 350 and finally 400 which is the latest All Time High.
Happy trading!