09-04-2024 07:04 via newsbtc.com

Ethereum Price Faces Big Move – Can Bulls Send ETH To $4K?

Ethereum price is gaining pace above the $3,600 resistance zone. ETH could extend its upward move if it clears the $3,725 resistance zone.Ethereum is aiming for more gains above the $3,725 and $3,740 levels.
The price is trading above $3,650 and the 100-hourly Simple Moving Average.
There is a connecting bullish trend line forming with support at $3,480 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could extend its rally if there is a close above the $3,725 resistance zone.Ethe
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