Ethereum Price Key Indicators Suggest A Strengthening Case For Surge To $2K

Ethereum Price Key Indicators Suggest A Strengthening Case For Surge To $2K

Ethereum price corrected gains from the $1,920 resistance against the US Dollar. ETH is currently supported and might soon aim for a move toward $2,000.


  • Ethereum is currently eyeing a fresh increase above the $1,920 resistance zone.

  • The price is trading above $1,880 and the 100-hourly Simple Moving Average.

  • There is a major bullish trend line forming with support near $1,880 on the hourly chart of ETH/USD (data feed via Kraken).

  • The pair could gain bullish momentum if it clears the $1,920 resistance.

  • Ethereum Price Remains Supported


    Ethereum’s price started a decent increase above the $1,800 resistance. ETH even broke the $1,880 level before the bears appeared near $1,920 and pushed the price lower, similar to Bitcoin.


    There was a downside correction below the $1,900 and $1,885 levels. The price spiked below the 50% Fib retracement level of the upward move from the $1,836 swing low to the $1,929 high. However, the bulls were active above the $1,870 le ..

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