Ethereum Shows Strength – Traders Eye Breakout That Could Trigger Bigger Gains

Ethereum Shows Strength – Traders Eye Breakout That Could Trigger Bigger Gains

Ethereum price started a recovery wave above $4,150. ETH is now consolidating and might aim for more gains if it clears the $4,220 resistance. Ethereum remained stable above $4,020 and started a recovery wave. The price is trading above $4,150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $4,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above $4,220 and $4,250. Ethereum Price Eyes More Gains Ethereum price remained supported above the $4,020 level and started a....


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