TA: Ethereum Consolidates, What Could Spark A Fresh Rally
Ethereum is consolidating gains near the $3,580 resistance zone against the US Dollar. ETH price could start a fresh rally if it clears the $600 level. Ethereum remained in a positive zone above the $3,500 and $3,550 resistance levels. The price is now trading above $3,520 and the 100 hourly simple moving average. There is a key breakout pattern forming with resistance near $3,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it clears the $580 and $600 levels in the near term. Ethereum Price is Eyeing More Gains Ethereum was able to settle....
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