Ethereum gained pace above the $1,700 resistance against the US Dollar. ETH is showing positive signs and might even clear the $1,800 resistance.
- Ethereum started a major increase and settled above the $1,700 level.
- The price is now trading above $1,700 and the 100 hourly simple moving average.
- There is a key bullish trend line forming with support near $1,725 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair must clear $1,780 to continue higher…
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