Ethereum Price Retests Uptrend Support But Can Bulls Save The Day

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Ethereum price started a downside correction below $1,950 against the US Dollar. ETH is testing the $1,900 support and is showing a few bearish signs. Ethereum is correcting gains below the $1,950 zone. The price is trading below $1,940 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $1,925 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below $1,900 in the near term. Ethereum Price Corrects Gains Ethereum’s price failed to clear the $1,975 resistance and started a downside

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Author: coinmaker

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