Ethereum Price Plunges Again: Start of Another Decline Or Buying Opportunity

Ethereum price started a fresh decline below the $1,820 support against the US Dollar. ETH is showing bearish signs and might decline further toward $1,700. Ethereum is currently moving lower below the $1,820 support zone. The price is trading below $1,800 and the 100-hourly Simple Moving Average. There are two bearish trend lines forming with resistance near $1,790 and $1,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue lower toward the $1,720 and $1,700 levels. Ethereum Price Extends Losses Ethereum’s price failed to recover above the $1,850 resistance zone. ETH started a fresh decline

Go to Source
Author: coinmaker