Ethereum is consolidating gains above the $1,300 zone against the US Dollar. ETH could gain pace if there is a clear move above the $1,370 zone.
- Ethereum is showing positive signs above the $1,320 and $1,330 levels.
- The price is now trading above $1,320 and the 100 hourly simple moving average.
- There is a key contracting triangle forming with resistance near $1,350 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could rally if there is a clear…
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