Ethereum extended its increase above the $1,720 level against the US Dollar. ETH is now consolidating above the key $1,670 support zone.
Ethereum remained in a positive zone but struggled near the $1,785 resistance zone. The price is now trading above $1,650 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,710 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a downside correction if there is a close below $1,670 and $1,650. Ethereum Price Holds Key Support
Ethereum remained in a positive zone above the $1,600 level. ETH even extended its increase above the $1,670 and $1,700 levels.
It climbed above the $1,750 but there was