Ethereum price started a recovery wave above $2,980. ETH is now consolidating and faces a key barrier near the $3,080 level.
Ethereum started a decent upward move above the $3,000 zone.
The price is trading above $2,980 and the 100-hourly Simple Moving Average.
There is a rising channel forming with support at $2,975 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it settles above the $3,080 zone.
ETHUSDT
Prep
2,955.79
-0.51%