Ethereum Price Bounces Back Yet Lacks Strong Bullish Drive
Ethereum price is attempting a fresh increase above the $3,450 resistance zone. ETH must settle above $3,550 to continue higher in the near term.Ethereum slowly moved higher above the $3,450 zone.
The price is trading above $3,450 and the 100-hourly Simple Moving Average.
There was a break above a key bearish trend line with resistance near $3,415 on the hourly chart of ETH/USD (data feed via Kraken).
The pair must clear the $3,520 and $3,550 resistance levels to continue higher.Ethereum Price F
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