Key Highlights
- Ethereum price enjoyed a decent upside move against the US Dollar, and broke a major resistance area.
- This past week’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD was broken to open the doors for more gains.
- The price is currently consolidating in a range, and may be setting up for the next move.
Major Support Level – $10.40
Major Resistance Level – $11.30
