Ethereum price showed more positive signs, and traded higher. Can it continue to trade higher and can we buy more?
Key Highlights
- Ethereum price continued to trade higher against the US Dollar, and posted yet another break.
- Yesterday’s idea of buying dips in the ETH/USD pair worked, as it moved higher.
- There is a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which can be considered as a support area on the downside.
Ethereum price showed more positive signs, and traded higher. Can it continue to trade higher and can we buy more?