Ethereum Price Pops Above $2,700: Are Bulls Back in Control?

Ethereum Price Pops Above $2,700: Are Bulls Back in Control?


Ethereum price started a fresh increase above the $2,550 zone. ETH is now consolidating and eyes more gains above the $2,740 resistance.

Ethereum started a fresh increase above the $2,700 level. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if it clears the $2,740 zone in the near term. Ethereum Price Regains Pace

Ethereum price started a fresh increase after it found support near the $2,400 level, like Bitcoin. ETH price was able to clear the $2,500 and $2,550 resistance levels.

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The bulls pushed the price above $2,650. ETH even

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