Ethereum Price Consolidates: Preparing for the Next Move Higher?

Ethereum Price Consolidates: Preparing for the Next Move Higher?

Ethereum price is consolidating gains above the $2,580 resistance. ETH could gain pace if it clears the $2,650 resistance zone. Ethereum remained in a positive zone above the $2,550 and $2,580 resistance levels. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $2,650 and $2,680 resistance levels. Ethereum Price Aims For More Upsides Ethereum price remained stable above the $2,550 pivot level....


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