Ethereum gained pace above the $3,500 resistance against the US Dollar. ETH price is consolidating and might eye more gains above the $3,550 resistance.
- Ethereum started a fresh increase after it cleared the $3,450 resistance.
- The price is now trading above $3,500 and the 100 hourly simple moving average.
- There is a key rising channel forming with support near $3,455 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could start another increase if it manages to stay above the…
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