Ethereum Price Momentum Reignites As The Bulls Aim For $4K

Ethereum price is attempting a fresh increase above the $3,500 zone. ETH must clear the $3,680 resistance to continue higher in the near term.

-Ethereum is gaining pace above the $3,500 support zone.

-The price is trading above $3,600 and the 100-hourly Simple Moving Average.

-There is a key bullish trend line forming with support at $3,560 on the hourly chart of ETH/USD (data feed via Kraken).

-The pair could continue to rise if it settles above the $3,680 resistance zone.

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