05-01-2023 03:37 via newsbtc.com

Ethereum Price Looks Ready For Another Leg Higher Over $1,300

Ethereum was able to clear the $1,240 resistance zone against the US Dollar. ETH is showing positive signs and there might be a move above the $1,300 resistance.Ethereum is moving higher above the $1,220 and $1,240 resistance levels.
The price is now trading above $1,220 and the 100 hourly simple moving average.
There was a break above a key contracting triangle with resistance near $1,215 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could rise further if there is a clear move
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