Ethereum Price Registers Breakout But Lacks Momentum, $1,620 Is The Key

Ethereum Price Registers Breakout But Lacks Momentum, $1,620 Is The Key

Ethereum price is attempting a fresh increase above $1,650 against the US Dollar. ETH could accelerate higher if it clears the $1,670 resistance. Ethereum is attempting a fresh increase above the $1,620 level. The price is trading above $1,620 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $1,645 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $1,670 resistance zone. Ethereum Price Climbs Higher Ethereum’s price formed a base above the $1,580 level. ETH remained stable and climbed....


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