The 100 Simple Moving Average (SMA) is a key indicator for the fresh increase in Ethereum's price. #Ethereum has shown positive signs and recovered from the $1,985 zone, with the potential to rise further if it clears the $2,075 resistance. This indicator is being closely watched by the market as it can signal a bullish trend. 

Traders use the 100 SMA to analyze the average price of an asset over a specific time period, and its relationship with the current price can indicate potential price movements. The recent price recovery and the 100 SMA signal are important factors that traders and investors are considering to gauge the future price direction of Ethereum #ETH .

This article is for informational purposes only and should not be considered financial advice!