Ethereum Price Breaks Out—10% Surge Sparks Bullish Momentum
Ethereum price started a fresh increase from the $2,080 zone. ETH is now back above $2,400 and facing hurdles near the $2,550 level. Ethereum started a decent increase above the $2,350 resistance zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,500 and $2,550 resistance levels to continue higher. Ethereum Price Rallies 10% Ethereum price extended losses below $2,200 before the bulls appeared, like....
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