Ethereum Price On Verge Of Breakout, Can Bulls Seize Control?

Ethereum price started a fresh increase and remained stable above $2,360. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,360 zone. The price is trading above $2,355 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,310 zone. Ethereum Price Aims for Fresh S