Ethereum Price Surpasses $4,320, Eyes Further Gains
- Ethereum price began a steady rise above $4,320 and is consolidating gains.
- ETH broke past key resistance at $4,180 on the hourly chart of ETH/USD.
- Price remains stable above the $4,350 mark and the Ethereum Simple Moving Average (SMA).
- Resistance levels are observed at $4,400 and potentially at $4,420.
- A move above $4,500 could propel ETH toward higher resistances like $4,550 and beyond.
Ethereum has seen a price increase of over five percent as it climbed above critical resistance levels such as $4,250 and $4,320. This upward momentum positions ETH to challenge further barriers at around the $4,400 mark.
If Ethereum maintains its position above these levels, it may continue its upward trajectory towards higher targets like the $4,720 zone in upcoming sessions. (Source)