Ethereum Price Gearing For Lift-Off to $1,800: Rally Isn’t Over Yet

Ethereum Price Gearing For Lift-Off to $1,800: Rally Isn’t Over Yet

Ethereum gained pace above the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh rally towards the $1,650 level.


  • Ethereum started a decent increase above the $1,500 and $1,520 resistance levels.

  • The price is now trading above $1,520 and the 100 hourly simple moving average.

  • There is a key bullish trend line forming with support near $1,550 on the hourly chart of ETH/USD (data feed via Kraken).

  • The pair could rise further unless there is a downside correction below the $1,520 support.

  • Ethereum Price Remains In Uptrend


    Ethereum price started a strong increase above the $1,450 resistance. ETH was able to clear the $1,500 resistance zone to move further into a positive zone, similar to bitcoin above $20,500.


    The price even surpassed the $1,550 resistance zone and tested $1,600. A high is formed near $1,606 and the price is now consolidating gains. There was a minor decline below the 50% Fib retracement level of ..

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