TA: Ethereum Gearing For Another Lift-Off, Why ETH Could Test $3,750
Ethereum remained stable above the $3,400 level against the US Dollar. ETH price is rising and eyeing an upside break above the $3,550 resistance zone. Ethereum started a fresh increase after it tested the $3,400 support zone. The price is now trading above $3,500 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $3,530 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a steady increase if it clears the trend line and $3,550. Ethereum Price Eyes Upside Break Ethereum extended decline below the $3,440....
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