23-10-2023 06:45 via newsbtc.com

Ethereum Dragged Higher By Bitcoin But Can ETH Clear Hurdles?

Ethereum price started a decent increase after Bitcoin gained momentum against the US dollar. ETH is rising and might test the key $1,750 resistance.Ethereum started a decent increase above the $1,650 resistance.
The price is trading above $1,660 and the 100-hourly Simple Moving Average.
There is a key bullish trend line forming with support near $1,645 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could climb further higher, but it might face strong resistance near $1,750.Ethe
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