✅👀Ethereum Price Climbs Gradually, Can Bulls Break $2,400 Barrier?
Ethereum Price Climbs Gradually, Can Bulls Break $2,400 Barrier?
ETHUSD−2.26%
👀Ethereum price started a fresh increase and remained stable above $2,365. ETH is now consolidating and might aim for more gains if it clears $2,400.
✅Ethereum started a steady increase above the $2,365 zone.
✅The price is trading above $2,370 and the 100-hourly Simple Moving Average.
🚀There was a break above a contracting triangle with resistance at $2,320 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it stays above the $2,330 zone.
🚀Ethereum Price Aims for Fresh High Above $2,420
✅Ethereum price managed to stay above the $2,320 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,350 and $2,365.
✅There was a break above a contracting triangle with resistance at $2,320 on the hourly chart of ETH/USD. The price even climbed toward $2,400. A high was formed at $2,404, and the price is now consolidating gains. It is holding gains above the 23.6% Fib retracement level of the upward move from the $2,286 swing low to the $2,404 high.
🎯Ethereum price is now trading above $2,370 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,330, the price could attempt another increase. Immediate resistance is seen near the $2,400 level.#ETH #Crypto #Web3 #BinanceSquare #Altcoins
