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ETH Remains In Uptrend Above $3,700

From livebitcoinnews.com

Ethereum price started a fresh increase above $3,500 against the US Dollar. ETH price is now trading above $3,500 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $3,800 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $3,800 resistance zone. Ethereum price is showing positive signs above $3,500 against the US Dollar. ETH/USD could gain pace above the $3,800 and $3,850 levels in the near term. Ethereum Price Analysis After forming a base above $3,400, ethereum started a fresh increase against the US Dollar. ... (full story)

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  • Category: Technical Analysis