ETH price has formed a decent support base at $770 and is currently moving higher against the US Dollar.
The pair is likely to gain upside momentum and it could soon move above the $880 resistance.
Ethereum price is moving nicely in the bullish zone against the US Dollar and Bitcoin. ETH/USD is currently gaining pace and it could move above the $880 level.
Hourly MACD – The MACD is moving higher and gaining pace in the bullish zone.
Hourly RSI – The RSI has just moved above the 50 level and is gaining momentum.
Major Support Level – $770
Major Resistance Level – $860