Ethereum Price Technical Analysis – ETH/USD Defies Gravity

Ethereum Price Technical Analysis – ETH/USD Defies Gravity

Ethereum price traded sharply higher against the US Dollar to trade above $12.50. ETH/USD now remains supported and could trade further higher. Key Highlights. ETH price busted higher against the US Dollar, and broke many important resistances like $11.20 and $12.00. At the moment, there is a connecting bullish trend line formed on the hourly chart of ETH/USD (data feed via SimpleFX) with support at $12.65. The pair may continue to remain in an uptrend since the bias has now changed to bullish. Ethereum Price Upside Momentum. We saw there were tiny range moves in ETH price against the US....


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