Ethereum price is holding gains above the $3,500 zone. ETH could gain bullish momentum if it clears the $3,680 resistance zone in the near term.
Ethereum retested the $3,450 and is currently moving higher.
The price is trading above $3,500 and the 100-hourly Simple Moving Average.
There was a break above a key bearish trend line with resistance at $3,540 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could gain bullish momentum if it settles above the $3,680 resistance zone.
Ethereum Price Eyes Fresh Increase
Ethereum price started another downside correction below the $3,550 zone. ETH retested the $3,450 zone before the bulls appeared, like Bitcoin. A low was formed near $3,459 and the price recently climbed higher.
There was a move above the $3,520 resistance zone. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $3,680 swing high to the $3,459 low. There was also a break above a key bearish trend line with res
We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-lift-off-4k/
