TA: Ethereum Price Looks Ready For Another Leg Higher Over $1,500: Here’s Why

Ethereum is showing positive signs above the $1,350 resistance zone against the US Dollar. ETH could gain bullish momentum if there is a clear move above the $1,400 resistance.

  • Ethereum is gaining pace and recently traded above the $1,375 level.
  • The price is now trading above $1,350 and the 100 hourly simple moving average.
  • There was a break above a major bearish trend line with resistance near $1,355 on the hourly chart of ETH/USD (data feed via Kraken).
  • The…

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