Ethereum Price Technical Analysis – Can ETH/USD Move Higher?
Key HighlightsETH price is slowly gaining pace from the $677 swing low against the US Dollar.
There is a connecting bullish trend line forming with current support at $685 on the hourly chart of ETH/USD (data feed via Kraken).
The pair has to move above the 100 hourly simple moving average and $710 to gain traction.Ethereum price is slowly rising higher against the US Dollar and Bitcoin. ETH/USD may climb higher in the near term above the $710 level.
Ethereum Price Resistance
Yesterday, there wa
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