Ethereum climbed higher above the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might rise further towards the $1,650 level.
Ethereum started a fresh increase above the $1,450 and $1,500 resistance levels.
The price is now trading above $1,500 and the 100 hourly simple moving average.
There is a major bullish trend line forming with support near $1,540 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could rise further unless there is a downside correction below the $1,540 support.
Ethereum Price Signals Bullish
Ethereum price started a strong increase above the $1,400 resistance. ETH was able to clear the $1,450 resistance zone to move further into a positive zone, similar to bitcoin above $20,000.
The price even climbed above the $1,500 resistance zone. A high is formed near $1,584 and the price is now consolidating gains. Ether price is now trading above $1,500 and the 100 hourly simple moving average. There is also a major bullish trend
We współpracy z: https://newsbtc.com/analysis/eth/ethereum-price-accelerates-higher-1720/
