TA: Ethereum Regains Strength, Showing Early Signs of Fresh Rally
Ethereum started a fresh increase after it remained stable near $1,000 against the US Dollar. ETH could rise further above the $1,150 resistance zone. Ethereum gained strength for a move above the $1,080 and $1,100 levels. The price is now trading above $1,100 and the 100 hourly simple moving average. There was a break above a key contracting triangle with resistance near $1,075 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if there is a move above the $1,150 resistance zone. Ethereum Price Gains Pace Ethereum remained stable above the $1,000....
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