$258 is the first resistance. However, I feel this will be easily taken care off. 299 is 2nd resistance point. It didn't prove to be much of support at all on the way down. The price might stall for a while but may ultimately reach the next target of 359 USD. My ultimate target is 435 USD. Take profit willy nilly at 435.
Target 1 : 258 USD
Target 2 : 299 USD
Target 3 : 359 USD
Target 4 : 435 USD
Wasn't the peak of ETHUSD was at USD 829. And, the low was at USD $82.
A confirmed breakdown below the 50 would temporarily negate that upside potential. However, that is very unlikely looking at chart right now. The 50 right now is at about 184.
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There may be a bit of sideways movement or just some slow profit taking. However, I strongly feel Target 2 and then target 3 is definitely possible.