See the below graph, Breakout is been made from the bigger triangle. Price is increasing gradually now. And 24 hour volume of Ethereum in binance is 552,950,523 USD. That is why price is moving fast (increase in buy).
Whenever there is a breakout, then it it difficult to say that what will be the next high. See the below graph, Elliott impulse Waves showing that there may be a high of 600$ for us. Lets see what next 12 hours got for us.
Disclaimer: This is only my point of view. I am not recommending you to buy or sell any coin or cryptocurrency on my mark. The post is for informational purpose only.
If you have any thought to share, feel free to comment.