Ethereum Soars 20%: ETH Hype Escalates on ETF Rumors

Ethereum price rallied over 20% amid rise in hopes of ETH ETF. ETH broke many hurdles and even broke the $3,500 resistance zone.Ethereum started a fresh surge and cleared the $3,500 resistance zone.
The price is trading above $3,600 and the 100-hourly Simple Moving Average.
There is a short-term rising channel forming with support at $3,640 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up unless there is a close below the $3,400 support.Ethereum Price Sta