TA: Ethereum Dips Turn Attractive, Bulls Could Aim $3,500

TA: Ethereum Dips Turn Attractive, Bulls Could Aim $3,500


Ethereum gained pace above the $3,250 zone against the US Dollar. ETH price is correcting gains from $3,400, but dips might be limited in the near term.

Ethereum started a strong increase above the $3,250 resistance zone. The price is trading above $3,250 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $3,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if there is a clear break above the $3,380 resistance zone. Ethereum Price Gains Momentum

Ethereum started a strong increase above the $3,250 resistance zone. ETH even broke the $3,300 resistance zone and the 100 hourly simple moving average to move further into a positive

Trending: Paul Sperry: What Did Clinton Know and When Did She Know It? The Russiagate Evidence Builds

Continue reading

You Might Like

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend