Ethereum Price Regains Strength But Key Downtrend Resistance Intact
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Ethereum price recovered losses and traded above $1,860 against the US Dollar. ETH must clear $1,920 to start a strong increase in the near term. Ethereum is showing positive signs above the $1,860 level. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $1,865 on the hourly chart of ETH/USD (data feed via Kraken). The pair could still struggle to clear the $1,920 resistance zone. Ethereum Price Trims Losses Ethereum’s price found support near the $1,775 zone after a major decline. ETH formed a
Ethereum price started a recovery wave above the $1,850 level. ETH is now consolidating and facing key hurdles near the $1,920 level. Ethereum started a recovery wave above $1,820 and $1,850 levels. The price is trading above $1,860 and the 100-hourly Simple Moving Average. There is a connecting bullish trend…
Ethereum price is attempting a recovery wave from the $1,835 zone against the US Dollar. ETH could start a steady increase if it clears the $1,860 resistance. Ethereum is trading in a range below the $1,860 and $1,880 resistance levels. The price is trading below $1,850 and the 100-hourly Simple…
Ethereum price is struggling to rise above the $1,850 zone against the US Dollar. ETH could drop toward the $1,800 support in the near term. Ethereum is trading in a range below the $1,850 and $1,860 resistance levels. The price is trading below $1,850 and the 100-hourly Simple Moving Average.…