Ethereum is consolidating above $1,550 against the US Dollar. ETH could rally if there is a clear move above the $1,620 resistance zone.
- Ethereum is trading in a positive zone above the $1,520 and $1,500 support levels.
- The price is now trading above $1,550 and the 100 hourly simple moving average.
- There is a key bullish trend line forming with support near $1,560 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could start another increase if it…
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