The price of Ethereum has surpassed the $1,840 resistance level against the US Dollar, indicating positive momentum and the possibility of reaching the $1,920 resistance level. Ethereum is currently trading above $1,820 and the 100-hourly Simple Moving Average, with a bullish trend line forming near $1,835 on the hourly chart of ETH/USD. If the price remains above the $1,835 and $1,820 support levels, it could continue to rise towards $2,040. However, if it fails to clear the $1,880 resistance level, it may experience a downside correction with initial support near $1,850.
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Ethereum Price Shows Positive Signs, Eyes Move Towards $1,920 Resistance
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