Ethereum Price Recovery Strong – Major Resistance Test Coming Next

Ethereum Price Recovery Strong – Major Resistance Test Coming Next


Ethereum price started a fresh increase above $4,520. ETH is now showing positive signs and might attempt to clear the $4,680 resistance.

Ethereum is now recovering higher above the $4,550 zone. The price is trading above $4,580 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $4,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,640 and $4,700. Ethereum Price Eyes Steady Increase

Ethereum price extended losses below $4,550 before the bulls appeared, like Bitcoin. ETH price tested the $4,415 zone and recently started a recovery wave.

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The price climbed above the $4,500 and $4,520 resistance levels. The bulls pushed the

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