Ethereum Price Indicators Show Vulnerability to Bigger Correction
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Ethereum price started a fresh decline from the $1,940 resistance against the US Dollar. ETH retested $1,825 and is showing a few bearish signs. Ethereum struggled to settle above the $1,925 and $1,940 resistance levels. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support near $1,895 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it clears the $1,800 support zone. Ethereum Price Drops Again Ethereum’s price started a fresh increase above the $1,850 zone. ETH
Ethereum price found support near $1,928 and recovered some losses. ETH is now consolidating and faces key hurdles near $2,020. Ethereum is attempting a fresh recovery wave above $1,950. The price is trading below $2,020 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support…
Ethereum price is finding bids above the $1,875 support zone against the US Dollar. ETH could gain bullish momentum above the $1,940 resistance. Ethereum is holding the key support near $1,875. The price is trading below $1,920 and the 100-hourly Simple Moving Average. There was a break above a key…
Ethereum price started a fresh decline below the $1,920 level against the US Dollar. ETH could extend losses if there is a clear move below the $1,840 support. Ethereum is moving lower from the $1,940 resistance zone. The price is trading below $1,900 and the 100-hourly Simple Moving Average. There…