- Ethereum price is trading in the green by 5.70% in the session on Friday.
- ETH/USD is running towards its fourth session in the green, as the bulls stage a rebound.
- The bulls were able to clear a chunky barrier of resistance at the range of $135-140 capping upside.
ETH/USD daily chart
The current daily candle is making a strong move out of the narrowing range formation, which had contained the price for some seven sessions.
ETH/USD 60-minute chart
The bulls have capitalized on a bullish pennant structure, allowing for an additional eave of buying pressure.
Spot rate: 144.57
Relative change: +5.70%