Jun 6, 2018
Ethereum Price Analysis: ETH/USD Could Trade Higher
Ethereum Price Analysis: ETH/USD Could Trade Higher
Key Highlights
ETH price found a strong buying interest near $570-572 and recovered nicely against the US Dollar.
There was a break above two key bearish trend lines with resistance near $588 and $591 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is currently trading positively above the $600 handle and the 100 hourly simple moving average.
Ethereum price is back in a positive…
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