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Ethereum price rises as $2,000 resistance breakout nears

Ethereum price rises as $2,000 resistance breakout nears

Ethereum price rose nearly 2% on Aug. 17 as ETH reclaimed $1,900, while improving daily momentum and nearby short-liquidation clusters put the $2,000 level back in focus.

Summary

  • Ethereum price rose 1.95% to $1,912 after buyers defended the $1,870 area.
  • ETH closed above its 20-day, 50-day, and 100-day moving averages.
  • Tom Lee responded positively to the analysis placing ETH 3.5% below its daily cloud.
  • Michaël van de Poppe sees $2,800 as possible if ETH clears $2,000.

Ethereum price moves back above $1,900

According to data from crypto.news, Ethereum (ETH) price traded at $1,912 at press time, up 1.95% on the day after moving between an intraday low of $1,872…

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