Ethereum price is still struggling to gain pace above $1,670 and $1,680 against the US Dollar. ETH must stay above $1,620 to start another increase.
Ethereum struggled to clear the $1,660 resistance. The price is trading above $1,635 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance near $1,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $1,620 support zone to start another increase in the short term. Ethereum Price Faces Key Hurdle
Ethereum’s price remained well-supported above the $1,620 zone. ETH again climbed above the $1,650 resistance but struggled to clear $1,660, unlike Bitcoin.
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The price made two attempts to gain strength above $1,660 but failed. A high
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