TA: Why Ethereum Bulls Aim Fresh Rally Above $4K

TA: Why Ethereum Bulls Aim Fresh Rally Above $4K

Ethereum is holding gains above the $3,800 level against the US Dollar. ETH price is struggling near $3,880, but it could accelerate higher unless the bulls fail to protect $3,680. Ethereum started another decline from the $3,880 resistance zone. The price is trading above $3,800 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $3,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $3,880 zone to start a fresh increase in the near term Ethereum Price Remains Supported Ethereum made another attempt to gain....


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