Ethereum price started a decent increase above the $3,950 zone. ETH is consolidating gains and might aim for a move above the $4,150 resistance zone.
Ethereum started a decent increase above $3,950 and $4,000.
The price is trading below $3,980 and the 100-hourly Simple Moving Average.
There is a key bullish trend line forming with support at $3,940 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it clears the $4,080 and $4,120 resistance levels.
Ethereum Price Regains Momentum
Ethereum price remained stable and extended gains above $3,880 but it underperformed Bitcoin. ETH was able to climb above the $3,980 and $4,000 resistance levels.
The bulls pushed the pair above the $4,050 and $4,080 resistance levels. A high was formed at $4,107 before there was a pullback. There was a minor decline below the $4,000 level. The price traded as low as $3,946 and is currently rising.
There was a move above the 23.6% Fib retracement level of
We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-gears-up-4120/
