Ethereum Price Technical Analysis – ETH/USD Gaining Momentum

Key Highlights ETH price found buyers near the $695 level and started recovering against the US Dollar. There was a break above a major bearish trend line with resistance at $761 on the hourly chart of ETH/USD (data feed via Kraken). The pair is gaining momentum and is currently trading nicely above the $760 level.

Ethereum price is showing positive signs against the US Dollar and Bitcoin. ETH/USD may continue to move higher towards $800 in the near term.

Ethereum Price Trend

Yesterday,...

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Key Highlights ETH [+]    Dollar [+]    ETH [+]    USD [+]    Kraken [+]    Ethereum [+]    Dollar and Bitcoin [+]    Price Trend [+]   

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