After forming a base above $4,000, ethereum started a fresh increase against the US Dollar. ETH price gained pace above the $4,400 level and the 55 simple moving average (4-hours). The price climbed above the $4,450 and $4,500 resistance levels. There was a break above a key bearish trend line with resistance near $4,500 on the 4-hours chart. It even traded above the $4,700 level and formed a new all-time high near $4,825. It is now consolidating gains above the $4,700 level. An immediate support is near the $4,710 level. It is close to the 23.6% Fib retracement level of the upward move from the $4,329 swing low to ... (full story)