TA: Ethereum Prints Bullish Breakout, Why Dips Turn Attractive
Ethereum was able to extend its rally above the $3,500 resistance zone against the US Dollar. ETH price is gaining pace and it might continue to rise towards the $3,800 level. Ethereum started a steady increase above the $3,500 and $3,550 resistance levels. The price is now trading above $3,500 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $3,490 on the hourly chart of ETH/USD (data feed via Kraken). The pair is correcting gains, but dips could be limited below $3,450 in the near term. Ethereum Price is Rising Ethereum started a....
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