Ethereum has registered another new high today. Well making new high is not a new term for this script. After the breakout from $97 level, their is no stopping for this script. 

One can clearly notices in chart below that how successfully this script has given a breakout which are shown in BLUE ARROWS. And after each breakout this script has always digested it gains very well and which results in filling up of energy to scale to another new high after breakout. After hitting $263 level which is also a resistance given by YELLOW trendline inside the RISING channel and appeared to me that this time Ethereum would correct, it do consolidate for two days and also tested its RISING CHANNEL's lower trend line, but negating and proving me wrong this script had given another breakout yesterday and today it is traded at record level of $290.97 where again yellow trendline resist  and it is trading at $284 now. 

Now Ethereum has support of $262.90 shown as SUPPORT 1(Red Horizontal Line) in chart below. Whether etherum test this support which was resistance before breakout or not will be seen in few days. But I must add retest of support level of $262.9 will prove healthy for ETHEREUM further upward journey.

![](https://steemitimages.com/DQmWKNQG4fYb1dvuK7sgWionyMYW6m9LjSpZPDFpRe8PHuw/image.png)


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