Ethereum Price Breaks Out With 15% Rally — $1,800 Resistance Under Pressure

Ethereum Price Breaks Out With 15% Rally — $1,800 Resistance Under Pressure

Ethereum price started a fresh surge above the $1,650 resistance. ETH is now showing positive signs and might attempt to clear the $1,800 resistance.


  • Ethereum started a fresh rally above the $1,650 zone.

  • The price is trading above $1,700 and the 100-hourly Simple Moving Average.

  • There was a break above a couple of bullish continuation patterns with resistance at $1,700 and $1,760 on the hourly chart of ETH/USD (data feed via Kraken).

  • The pair could start a fresh increase if it clears the $1,800 resistance zone.

  • Ethereum Price Starts Fresh Rally


    Ethereum price remained stable above the $1,550 level and started a fresh increase, like Bitcoin. ETH traded above the $1,620 and $1,650 levels. The bulls even pumped the price above the $1,700 level.


    There was a break above a couple of bullish continuation patterns with resistance at $1,700 and $1,760 on the hourly chart of ETH/USD. The pair even tested the $1,800 zone. A high was ..

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