Ethereum started a strong rally and it cleared $3,500 against the US Dollar. ETH price even climbed above $3,800 and it could rise further towards $4,000 in the next few days.
Ethereum started a major increase above the $3,500 and $3,650 resistance levels. The price is now trading above $3,700 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $3,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could dip in the short-term, but it might find bids near $3,680 or $3,620. Ethereum Price Extends Rally
Ethereum remains in a strong uptrend above the $3,500 pivot level. ETH gained pace and it was able to surpass the $3,650 resistance level. The price even surpassed $3,750 and settled well above the 100 hourly simple moving average.
Finally, there was a break above $3,800 and the price tested the $3,840 zone. A high is formed near