Ethereum price is struggling to gain strength above $2,100. ETH is consolidating above $2,000 and might start a fresh surge if it clears $2,100.
Ethereum is showing positive signs above the $2,000 support zone. The price is trading above $2,010 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $2,090 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,100 resistance zone in the near term. Ethereum Price Remains In Uptrend
After forming a base, Ethereum price made another attempt to clear the $2,100 resistance. However, ETH failed to gain bullish momentum and trimmed all gains, like Bitcoin.
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