TA: Ethereum Smashes Heavy Resistance: Next Bullish Levels Traders Should Watch
Ethereum gained bullish momentum and cleared the $3,000 resistance against the US Dollar. ETH price is rising, but it could face hurdles near the $3,200 level. Ethereum found support and started a strong increase above the $3,000 level. 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 $3,010 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate higher, but the $3,200 barrier might prevent additional gains. Ethereum Price Reclaims $3K Ethereum formed a base for a....
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