TA: Ethereum Reclaims $3K, Technicals Suggest More Upsides
Ethereum is moving higher above $3,000 against the US Dollar. ETH price could gain pace if there is a clear move above the $3,080 resistance. Ethereum remained well supported near the $2,900 support zone. The price is now trading above $2,920 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $2,985 on the hourly chart of ETH/USD (data feed via Kraken). The pair is consolidating near $3,000 and might extend rally in the near term. Ethereum Price Eyes More Gains Ethereum corrected lower below the $2,950 support zone. However, ETH remained....
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