TA: Ethereum Consolidates Gains, Indicators Suggest More Upsides

TA: Ethereum Consolidates Gains, Indicators Suggest More Upsides

Ethereum gained pace above the $3,050 resistance against the US Dollar. ETH price could continue higher if there is a clear move above the $3,120 resistance. Ethereum extended upside correction above the $3,080 and $3,100 levels. The price is now trading above $3,050 and the 100 hourly simple moving average. There was a move above a major bearish trend line with resistance near $3,060 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear $3,120 and $3,130 to continue higher in the near term. Ethereum Price Extends Recovery Ethereum formed a base above the $3,000 and....


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