Ethereum Price Weekly Analysis – Can ETH/USD Overcome This?
Key HighlightsETH price is trading nicely above the $1000 level and is moving positively against the US Dollar.
There is a monster bearish trend line acting as a resistance at $1150 on the 4-hours chart of ETH/USD (data feed via SimpleFX).
The pair has to settle above $1150 and the 100 simple moving average (4-hours) to gain traction.Ethereum price has recovered nicely against the US Dollar and Bitcoin. ETH/USD now has to break the $1150 and $1180 level to gain further momentum.
Ethereum Price R
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