TA: Ethereum Key Indicators Suggest Strengthening Case For More Upsides
Ethereum is slowly moving higher above the $1,120 zone against the US Dollar. ETH could rally if there is a clear move above the $1,165 resistance level. Ethereum is facing resistance near the $1,165 and $1,190 levels. The price is now trading above $1,120 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,085 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a clear move above the $1,165 resistance. Ethereum Price Eyes Upside Break Ethereum started a downside correction....
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Ethereum started a fresh increase from the $4,500 zone against the US Dollar. ETH could extend upsides towards $4,850 unless it fails to stay above the 100 hourly SMA. Ethereum started a fresh increase above the $4,600 and $4,700 levels. The price is now trading above $4,650 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $4,630 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend gains above the $4,800 resistance zone in the near term. Ethereum Price Eyes More Upsides Ethereum formed a decent support....