Ethereum Price Is Showing Early Signs of Fresh Increase, But This Resistance Is Key

Ethereum price is finding bids above the $1,875 support zone against the US Dollar. ETH could gain bullish momentum above the $1,940 resistance. Ethereum is holding the key support near $1,875. The price is trading below $1,920 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $1,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain pace if it clears the $1,920 and $1,940 resistance levels. Ethereum Price Could Start Fresh Increase Ethereum’s price declined again below the $1,900 support. However, ETH bulls were active

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Author: coinmaker