Ethereum price is holding gains above the $3,120 resistance zone. ETH could soon rally if it clears the $3,280 resistance zone.
Ethereum extended its increase above the $3,220 resistance zone.
The price is trading above $3,165 and the 100-hourly Simple Moving Average.
There is a key bullish trend line forming with support at $3,170 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it clears the $3,280 resistance zone.
Ethereum Price Aims Higher
Ethereum price remained in a positive zone above the $3,000 level, like Bitcoin. ETH extended its increase above the $3,150 and $3,165 resistance levels. It even spiked above the $3,250 resistance.
It traded to a new weekly high at $3,263 and recently corrected lower. There was a minor decline below the $3,220 level. Ether dipped below the 50% Fib retracement level of the recent wave from the $3,154 swing low to the $3,263 high.
However, the bulls were active above the $3,200 level. The 61.
We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-holds-support-3000/
