Ethereum has started to recover short-term bullish momentum on Monday, after sellers failed to contain price below the key $400 support level. The ETHUSD pair currently trades around the $440 region, with the $450 level the next upside hurdle for Ethereum bulls. Ethereum buyers will look to challenge the $468 level if the $450 level is broken, while sellers will look to contain price below $450.
The ETHUSD pair is intraday bullish while trading above the $450 level, key technical resistance is now located at the $468 and $482 levels.
If the ETHUSD pair moves below the $408 level, sellers may test towards the $395 and $380 support levels.
