Ethereum price is slowly moving higher above the $3,800 resistance zone. ETH could gain bullish momentum if it clears the $3,880 and $3,920 resistance levels.
Ethereum is holding gains above the $3,800 level.
The price is trading above $3,840 and the 100-hourly Simple Moving Average.
There is a key bullish trend line forming with support near $3,840 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase unless there is a close below the $3,800 support.
Ethereum Price Eyes More Upsides
Ethereum price remained stable above the $3,760 support zone. ETH formed a base and started another increase above the $3,800 level like Bitcoin.
There was a move above the $3,820 level and $3,840. The price tested the $3,880 resistance zone. A high was formed at $3,884 and the price is now consolidating gains in a range. It already tested the 23.6% Fib retracement level of the upward move from the $3,729 swing low to the $3,884 high.
Ethereum is now trad
We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-green-3880/
