Ethereum Price Stuck In Range As Risk of Downside Correction Escalates
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Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could correct lower if it breaks the $1,865 support zone. Ethereum is currently correcting lower from the $1,920 resistance. The price is trading above $1,865 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $1,890 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a short-term drop if there is a break below the $1,865 support. Ethereum Price Struggles Below $1,920 Ethereum’s price extended its increase above the $1,850 resistance zone. ETH even
Ethereum price attempted a recovery wave above the $1,880 level but failed. ETH is now trimming all gains and remains below the $1,880 resistance zone. Ethereum failed to stay above the $1,850 and $1,880 levels. The price is trading below $1,850 and the 100-hourly Simple Moving Average. There was a…
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…
Ethereum price started a recovery wave from the $1,750 zone. ETH is now consolidating and facing hurdles near the $1,920 resistance. Ethereum started a recovery wave above the $1,850 level. The price is trading below $1,950 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming…