Ethereum Price Technical Analysis – ETH/USD Continuing Gains
Ethereum price retained the bullish bias against the US Dollar to settle above $11.20. ETH/USD may continue to move higher in the short term. Key Highlights. ETH price remained in an uptrend against the US Dollar, and tested the $11.30 level as forecasted. Yesterday’s highlighted ascending channel pattern on the hourly chart of ETH/USD (data feed via SimpleFX) is still active and taking the price higher. The price is likely to trade further higher may be towards the $11.43 level. Ethereum Price Trend. There were continuous bids presented, which is why there were more gains towards $11.30....
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