Ethereum Price Cooling Off: Healthy Consolidation or Momentum Fading?

Ethereum price started a fresh increase above $3,050. ETH is now consolidating gains and might aim for more gains if it clears the $3,180 resistance.Ethereum started a fresh increase above the $3,020 and $3,050 levels.
The price is trading above $3,075 and the 100-hourly Simple Moving Average.
There is a short-term contracting triangle forming with resistance at $3,150 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it settles above the $3,180 zone.Et