Ethereum Price Holds Strong at $400: Technicals Suggest It Could Outperform

Ethereum Price Holds Strong at $400: Technicals Suggest It Could Outperform

Ethereum 8

Ethereum gained bullish momentum above the $400 resistance against the US Dollar. ETH price is currently consolidating above $400 and it is likely to climb above $410.

  • Ethereum is following a positive path above the $398 and $400 support levels.
  • The price climbed to a new weekly high near $411 and settled above the 100 hourly simple moving average.
  • There is a major bullish trend line forming with…

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