Ethereum formed a base near $1,740 and started a recovery wave against the US Dollar. ETH is now facing a major resistance near the $1,900 zone.
- Ethereum started a recovery wave above the $1,800 and $1,820 levels.
- The price is now trading above $1,820 and the 100 hourly simple moving average.
- There was a break above a major bearish trend line with resistance near $1,820 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair must clear the $1,900 and $1,920 resistance levels to…
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