Ethereum price found support at $2,350 and started a fresh increase. ETH is now rising and might aim for a move above the $2,580 resistance zone.
Ethereum started a decent increase above the $2,480 and $2,500 levels. The price is trading above $2,520 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain strength if it clears the $2,585 resistance in the near term. Ethereum Price Aims Higher
Ethereum price started a downside correction below the $2,500 level, unlike Bitcoin. ETH traded below the $2,480 and $2,460 support levels. However, the bulls were active near the $2,450 zone.
Trending: MAY 31: Bo Polny Nailed It Again?
A low was
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!