Ethereum Price Hints at Upside: Analyzing The Bullish Signals

Ethereum Price Hints at Upside: Analyzing The Bullish Signals

Ethereum price is attempting a fresh increase above the $3,420 resistance zone. ETH is now struggling to clear the $3,480 and $3,520 resistance levels.


  • Ethereum slowly moved higher above the $3,420 zone.

  • The price is trading above $3,400 and the 100-hourly Simple Moving Average.

  • There was a break above a connecting bearish trend line with resistance near $3,390 on the hourly chart of ETH/USD (data feed via Kraken).

  • The pair must clear the $3,480 and $3,520 resistance levels to continue higher.

  • Ethereum Price Recovers Slightly


    Ethereum price started a decent recovery wave above the $3,350 level. ETH even cleared the $3,400 level and outperformed Bitcoin. There was a break above a connecting bearish trend line with resistance near $3,390 on the hourly chart of ETH/USD.


    The pair even cleared the $3,450 resistance zone. A high was formed at $3,482 and the price is ..

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