Ethereum Price Consolidates: Steadying Before the Next Move?
Ethereum price started a consolidation phase above the $3,650 support. ETH seems to be preparing for the next move up toward $4,000 in the near term.Ethereum started a consolidation after it tested the $3,840 resistance zone.
The price is trading above $3,700 and the 100-hourly Simple Moving Average.
There is a short-term contracting triangle forming with support at $3,690 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up unless there is a break below the
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