For the first time, ETH has had 2 daily closes above a long term resistance trendline that it had been trapped beneath since February of 2018. It has also closed above the 20 EMAs on both the 4 hourly and daily charts since breaking out. However, it is struggling with resistance around the $140 mark. If ETH can break through and hold above $140 then it's likely to face resistance at the 20 EMA on the weekly, probably around the $160 mark. ETH fell below the 20 weekly EMA in July of 2019 after it's collapse from the year's peak price. This has served as strong resistance since.