Ethereum price started a fresh increase above the $1,580 zone. ETH is now consolidating gains and might aim for more gains above $1,665.
Ethereum started a decent increase above the $1,580 and $1,620 levels. The price is trading below $1,620 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming with resistance at $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,665 resistance zone. Ethereum Price Gains Pace
Ethereum price formed a base above $1,500 and started a fresh increase, like Bitcoin. ETH gained pace for a move above the $1,550 and $1,580 resistance levels.
The bulls even pumped the price above the $1,620
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