TA: Ethereum (ETH) Gearing For Another Lift-Off, 100 SMA Is The Key

TA: Ethereum (ETH) Gearing For Another Lift-Off, 100 SMA Is The Key

Ethereum started a fresh increase above the $3,000 resistance against the US Dollar. ETH price is now consolidating gains and it could surge further above $3,200. Ethereum found support near $2,900 and it started a fresh increase. The price is now trading above $3,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $2,980 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to resume its rally once it clears the $3,200 and $3,300 resistance levels. Ethereum Price Eyes More Upsides Ethereum started a minor....


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