Ethereum price is aiming for a fresh increase above the $1,880 zone against the US Dollar. ETH could rally unless there is a close below the $1,830 support.

• Ethereum is facing major resistance near $1,875 and $1,880.
• The price is trading above $1,830 and the 100-hourly Simple Moving Average.
• There is a bullish flag pattern forming with resistance near $1,860 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair could gain bullish momentum if it clears the $1,860 and $1,880 resistance levels.

Ethereum Price Holds Support

Ethereum’s price started a decent increase from the $1,800 zone. ETH climbed above the $1,850 and $1,860 levels. However, the bears are still active near $1,880, similar to Bitcoin.

A high was formed near $1,876 and the price saw a downside …