Ethereum price momentum explodes as bulls aim for $4K
Ethereum price is attempting a fresh rise above the $3,500 zone. ETH must overcome the $3,680 resistance to continue higher in the near term.
-Ethereum is accelerating above the $3,500 support zone.
-Price is trading above $3,600 and the 100 Hourly Simple Moving Average.
-There is a key bullish trend line forming with support at $3,560 on the hourly chart of ETH/USD (data feed via Kraken).
-The pair could continue to rise if it stabilizes above the $3,680 resistance area.#ETH#Ethereum(ETH)#HOTTRENDS#CryptocurrencyAnalysis
