Ethereum Price Holds Support – Why ETH Could Soon Rally 5%

Ethereum price is holding gains above the $3,120 resistance zone. ETH could soon rally if it clears the $3,280 resistance zone.Ethereum extended its increase above the $3,220 resistance zone.
The price is trading above $3,165 and the 100-hourly Simple Moving Average.
There is a key bullish trend line forming with support at $3,170 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it clears the $3,280 resistance zone.Ethereum Price Aims Higher
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