#Ethereum Price Gains Momentum

Ethereum price remained stable above the $1,650 level and started a fresh increase, like Bitcoin. ETH traded above the $1,700 and $1,720 levels. The bulls even pumped the price above the $1,750 level.

Ethereum price is now trading above $1,770 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $1,780 on the hourly chart of ETH/USD.

On the upside, the price seems to be facing hurdles near the $1,820 level. The next key resistance is near the $1,840 level. The first major resistance is near the $1,880 level. A clear move above the $1,880 resistance might send the price toward the $1,920 resistance.

An upside break above the $1,920 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $1,950 resistance zone or even $2,000 in the near term.