Ethereum Starts Fresh Increase, Why ETH Could Surge To $1,500

Ethereum started a fresh increase above $1,300 against the US Dollar. ETH price is showing positive signs and it is likely to continue higher towards $1,400 and $1,500. ETH price is gaining bullish momentum above the $1,250 resistance level against the US Dollar. The price is likely to face hurdles near $1,380, but it is […]

Ethereum Starts Fresh Increase, Why ETH Could Surge To $1,500

Ethereum began a new increment above $1,300 against the US Dollar. ETH cost is giving positive indications and it is probably going to proceed with higher towards $1,400 and $1,500. ETH cost is acquiring bullish force over the $1,250 opposition level against the US Dollar. The cost is probably going to confront jumps close $1,380, however it is well over the 100 basic moving normal (4-hours). There was a break over a significant bearish pattern line with opposition close $1,265 on the 4-hours outline of ETH/USD (information feed through Kraken). The pair is probably going to proceed with higher towards $1,400 and $1,500 in the coming meetings. Ethereum's Ether Signaling More Upsides This previous week, bitcoin and ethereum saw a new decay beneath $1,200 and $35,000 separately against the US Dollar. ETH cost even declined beneath $1,100, yet it stayed stable over the $1,000. A low was framed close $1,042 before the cost began a new increment. There was a solid close above $1,200 and the 100 basic moving normal (4-hours). There was likewise a break over the half Fib retracement level of the descending move from the $1,440 swing high to $1,042 low. There was a break over a significant bearish pattern line with opposition close $1,265 on the 4-hours graph of ETH/USD.