Ethereum price found support near the $3,650 zone and started a fresh surge. ETH is rising and might soon aim for a move above the $3,920 zone.
Ethereum started a fresh increase above the $3,750 and $3,800 levels.
The price is trading above $3,800 and the 100-hourly Simple Moving Average.
There is a bullish trend line forming with support at $3,820 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase if it remains supported above the $3,750 zone in the near term.
Ethereum Price Gains Over 5%
Ethereum price started a fresh increase from the $3,650 support zone, beating Bitcoin. ETH price was able to recover above the $3,720 and $3,750 resistance levels.
The bulls even pushed the price above the $3,850 resistance zone. Finally, the price tested the $3,920 resistance zone. A high was formed at $3,927 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $3,544 swing low to the $3,92
We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-momentum-explodes-4k-2/
