Ethereum Price Holds 100 SMA But Needs To Clear This For More Gains

Ethereum price is consolidating above $2,250. ETH could start a fresh increase if there is a clear move above the $2,320 resistance zone. Ethereum started a fresh increase above the $2,200 and $2,220 levels. The price is trading above $2,240 and the 100-hourly Simple Moving Average. There is a key rising channel with support near $2,275 on the hourly chart of ETH/USD (data feed via Kraken).... source: https://www.newsbtc.com/analysis/eth/ethereum-price-holds-2200/