TA: Ethereum Gearing For Another Lift-Off to $2k: Rally Isn’t Over Yet

TA: Ethereum Gearing For Another Lift-Off to $2k: Rally Isn’t Over Yet

Ethereum gained pace above the $1,700 resistance against the US Dollar. ETH is showing positive signs and might even clear the $1,800 resistance. Ethereum started a major increase and settled above the $1,700 level. The price is now trading above $1,700 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,725 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear $1,780 to continue higher towards $1,880 in the near term. Ethereum Price Uptrend Intact Ethereum remained well bid above the $1,650 level and started a fresh....


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