TA: Ethereum Reclaims $3K, Can The Bulls Clear This Key Hurdle

Ethereum started a strong recovery from $2,800 against the US Dollar. ETH is back above $3,000 and eyes a major increase above the $3,035 resistance.Ethereum started a major recovery wave above $2,900 and $2,950.
The price is now trading above $2,950 and the 100 hourly simple moving average.
There was a break above a key bearish trend line with resistance near $2,950 on the hourly chart of ETH/USD (data feed via Kraken).
The pair must stay above the $2,980 support to accelerate further higher ab