Ethereum price started a fresh surge above the $2,350 zone. ETH is now up over 35% and consolidating gains near the $2,500 zone.
Ethereum started a fresh surge above the $2,350 resistance. The price is trading above $2,400 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it breaks the $2,600 resistance level. Ethereum Price Surges And Clears $2,500
Ethereum price remained supported and started a fresh increase above $2,200, beating Bitcoin. ETH gained pace for a move above the $2,350 resistance zone.
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The bulls were able to push the price above the $2,500 resistance zone.
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