Ethereum Price Rally: Far from Over, More Gains Ahead!

Ethereum price extended its increase and tested $3,840. ETH is holding gains and seems to be eyeing a move toward the $4,000 level.Ethereum started a fresh increase and traded above the $3,750 resistance zone.
The price is trading above $3,700 and the 100-hourly Simple Moving Average.
There is a short-term bullish trend line forming with support at $3,710 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up unless there is a break below the $3,380 support.Eth