Ethereum Price Looks Ready For Another Leg Higher Over $2,000

Jul 3, 2023 04:00 am Cryptocurrency 84

Ethereum price is gaining pace above $1,920 against the US Dollar. ETH could gain bullish momentum and might soon clear the $2,000 resistance.

Ethereum is attempting a fresh increase above the $1,920 zone.

The price is trading above $1,900 and the 100-hourly Simple Moving Average.

There was a break above a key bearish trend line with resistance near $1,925 on the hourly chart of ETH/USD (data feed via Kraken).

The pair could rise steadily toward the $2,000 resistance in the near term.

Ethereum Price Aims Higher

Ethereum’s price remained well-bid above the $1,820 support zone. ETH formed a support base and started a fresh increase above the $1,880 level, outperforming Bitcoin.

There was a clear move above the $1,920 resistance zone. Besides, there was a break above a key bearish trend line with resistance near $1,925 on the hourly chart of ETH/USD. The price even traded to a new multi-day high at ..

Support the originator by clicking the read the rest link below.