Ethereum Price Weekly Analysis – 100 SMA Holds Key
Ethereum price slowly and steadily moved higher this past week, and if it breaks 100 SMA (H4 chart), then more gains are likely. Key Highlights. Ethereum price traded with a positive tone this past week versus the US Dollar, and moved above the $14.00 resistance area. There is a bullish trend line formed on the 4-hours chart (data feed via Kraken) of ETH/USD, which is acting as a support area. The price is currently trading below the 100 simple moving average (H4), which holds the key for the next break in ETH. Ethereum Price Rise. Ethereum price ETH managed to gain bids this past week and....
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