08-03-2024 07:58 via newsbtc.com

Ethereum Price (ETH) On The Path To Rally Past $4K

Ethereum price extended its increase toward $3,950. ETH is now consolidating gains and might aim for a move above the $4,000 resistance.Ethereum traded to a new multi-month high above $3,940.
The price is trading above $3,850 and the 100-hourly Simple Moving Average.
There was a break above a short-term bullish flag pattern with resistance at $3,830 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could resume its increase if it clears the $3,940 resistance zone.Ethereum Price Rem
Read more »