Ethereum maintains an upward tractor as bulls continue to hold the second-largest cryptocurrency above the $1,000 level. The prospect of further upside towards the $1,400 level remains possible as long bulls continue to defend the psychological $1,000 long. A sustained loss of the $1,000 support level could cause the ETHUSD pair to fall towards the $830.00 level.
The ETHUSD pair is only bullish while trading above the $1,000 level, key resistance is found at the $1,200 and the $1,400 levels.
If the ETHUSD pair trades below the $1,000, sellers may test the $940.00 and $830.00 support levels.