Ethereum jumped and tested the $1,350 resistance against the US Dollar. ETH corrected lower, but the bulls are active near the $1,280 support.
Ethereum was able to clear the $1,300 and $1,320 resistance levels.
The price is now trading near $1,290 and the 100 hourly simple moving average.
There is a key bullish trend line forming with support near $1,285 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase unless there is a clear move below the $1,280 support.
Ethereum Price Tops Near $1,350
Ethereum price gained pace for a steady move above the $1,300 resistance zone. ETH even surpassed the $1,320 level and settled well above the 100 hourly simple moving average.
However, the bears were active near the $1,350 zone. There were two attempts to clear the $1,350 resistance, but the bulls failed. As a result, there was a bearish reaction from $1,350, similar to bitcoin. Ether price declined below the $1,320 and $1,300 levels.
There was a clear move b
We współpracy z: https://newsbtc.com/analysis/eth/ethereum-price-resilience-pause-1350/
