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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Sharpmax on March 12, 2021, 11:56:35 PM

Title: Ethereum Forms Bullish Technical Pattern, Why Close Above $1,850 Is Critical
Post by: Sharpmax on March 12, 2021, 11:56:35 PM

Ethereum is holding gains above $1,750 against the US Dollar. ETH price is likely setting up for a crucial upside break above the $1,850 and $1,880 resistance levels.
Ethereum is showing a few positive signs and it is trading nicely above $1,750.
The price is now well above $1,750 and the 100 hourly simple moving average.
There is a crucial breakout pattern forming with resistance near $1,840 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is likely to start a strong rally if there is a close above the $1,850 resistance. Source link (https://cryptonews.net/485733/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)