Ethereum Price Hints At Potential Fresh Rally, Buy The Dip?

Ethereum price is moving higher above the $3,120 resistance zone. ETH could start a fresh rally if it clears the $3,280 resistance zone.Ethereum is recovering higher and approaching the $3,280 resistance zone.
The price is trading above $3,100 and the 100-hourly Simple Moving Average.
There was a break above two connecting bearish trend lines with resistance at $3,070 and $3,150 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could gain bullish momentum if it closes above the $3,