Ethereum price is eyeing a key upside break above $1,650 against the US Dollar. ETH could gain bullish momentum if there is a close above $1,650 and $1,670.
Ethereum is moving higher toward the $1,650 resistance. The price is trading above $1,610 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support near $1,630 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if there is a close above $1,650 and $1,670. Ethereum Price Eyes Upside Break
Ethereum’s price formed a base above the $1,580 level and extended its increase. ETH traded above the $1,620 resistance to move into a positive zone, like Bitcoin.
The price is now trading near a key