The price of Ethereum (ETH) is showing promising signs as it targets a potential upside break above the $1,760 resistance level against the US Dollar. Currently trading above $1,720 and the 55 simple moving average (4 hours), ETH has witnessed a break above a crucial bearish trend line, signalling bullish momentum. Ethereum’s price displays bullish indicators, as it sees a breakout above the key resistance level of $1,760 against the US Dollar. Currently trading above $1,720 and the 55 simple moving average. The recent price action saw Ethereum face a bearish wave from the $1,900 zone against the US Dollar.
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