Ethereum Price Lags While Bitcoin Moves Toward New ATH

Ethereum Price Lags While Bitcoin Moves Toward New ATH

Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH.


  • Ethereum started a decent increase above the $2,620 zone.

  • The price is trading above $2,580 and the 100-hourly Simple Moving Average.

  • There is a connecting bullish trend line forming with support at $2,530 on the hourly chart of ETH/USD (data feed via Kraken).

  • The pair could continue to rise if it clears the $2,650 and $2,680 resistance levels.

  • Ethereum Price Climbs Slowly


    Ethereum price formed a base above the $2,465 level and started a fresh increase like Bitcoin. ETH climbed above the $2,550 and $2,580 resistance levels to move into a positive zone.


    The price is up over 5% and there was a move above the $2,620 level. A high is formed at $2,680 and the price is struggling to follow Bitcoin’s strength. The price corrected gains and traded below th ..

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