Ethereum Price Defies Gravity, Here’s What Could Spark Bullish Moves

Ethereum price managed to stay above the $1,520 support against the US dollar. ETH is rising and might rally if it clears the $1,605 resistance.Ethereum averted more losses below the $1,520 support zone.
The price is trading above $1,560 and the 100-hourly Simple Moving Average.
There was a break above a major bearish trend line with resistance near $1,562 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is moving higher toward the breakout zone at $1,605.Ethereum Price Starts Rec