Ethereum price is up over 7% and trading above $2,000 against the US Dollar. ETH gained pace after XRP jumped over 80% and cleared $0.90.
Ethereum is up over 7% from the $1,850 support zone.
The price is trading above $1,980 and the 100-hourly Simple Moving Average.
There was a break above a key contracting triangle with resistance near $1,885 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could rise further toward the $2,050 and $2,120 resistance levels.
Ethereum Price Aims Higher
Ethereum’s price remained well-bid above the $1,850 zone. ETH started a decent increase after XRP surged over 50%. There was a move above the key $1,890 resistance zone. Many altcoins, including MATIC, SOL, BNB, and ADA gained handsomely in the past few hours.
There was also a break above a key contracting triangle with resistance near $1,885 on the hourly chart of ETH/USD. The pair gained over 7% and even surpassed the $2,000 resistance zone. A high is formed near $2,027 and the price is
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