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 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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