TA: Ethereum Could Follow Bitcoin, Why ETH Could Rally To $4K
Ethereum is consolidating above the $3,800 support zone against the US Dollar. ETH must clear the $3,900 and $3,950 resistance levels to continue higher in the near term. Ethereum started a fresh increase above the $3,800 and $3,820 resistance levels. The price is now trading above $3,800 and the 100 hourly simple moving average. There was a break above a key contracting triangle forming with resistance near $3,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if it clears the key $3,900 resistance zone. Ethereum Price Eyes Upside Break Ethereum....
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