There is a major bullish trend line forming with support at $472 on the hourly chart of ETH/USD. Looking at the chart, the price remains well supported above the $470 level. On the upside, the price must break the $486 level to trade above $490. Finally, a break above the recent high at $496 is needed for further gains above $500.
Major Support Level – $472
Major Resistance Level – $490
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