Ethereum Price Technical Analysis – ETH Showing Positive Signs
Ethereum price climbed higher, and finally started recovering. Can it continue trading higher or will it move down? Key Highlights. Ethereum price started recovering against the US Dollar, and managed to improve by a fair margin. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD was broken, which opened the doors for more gains. The price is now well above the 100 hourly simple moving average, which can be considered as a buy zone. Ethereum Price Recovery. Ethereum price ETH climbed higher against the US Dollar, and gained by more than $3.....
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