Ethereum Price Poised to Climb Higher: What’s Next for ETH?

[[{“value”:”
Ethereum price started a recovery wave above the $2,350 resistance zone. ETH could gain bullish momentum if it clears the $2,680 resistance zone.
Ethereum started a recovery wave above the $2,350 and $2,420 levels.
The price is trading below $2,640 and the 100-hourly Simple Moving Average.
There is a connecting bullish trend line forming with support at $2,440 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could rise steadily if it clears the $2,680 resistance zone.
Ethereum Price Aims Higher Ground
Ethereum price started a recovery wave after a nasty spike below the $2,000 level. ETH climbed above the $2,200 and $2,250 resistance levels like Bitcoin above $65,000.
There was a move above the 50% Fib retracement level of the downward wave from the $2,920 swing high to the $1,910 swing low. Moreover, there is also a connecting bullish trend line forming with support at $2,440 on the hourly chart of ETH/USD. However, the bears are active near the $2,540 and $

Czytaj więcej

We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-climb-3550/