Ethereum price is finding bids above the $1,720 zone against the US Dollar. ETH could start a decent recovery if there is a move above the $1,770 resistance. Ethereum is struggling below the $1,770 and $1,780 resistance levels. The price is trading below $1,770 and the 100-hourly Simple Moving Average. There was a break above a short-term contracting triangle with resistance near $1,740 on the hourly chart of ETH/USD (data feed via Kraken). The pair could recover if there is a move above the $1,770 and $1,780 levels. Ethereum Price Holds Support Ethereum’s price remained well-bid above the $1,720 support
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Author: coinmaker