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Ethereum Price Is Plunging, But It’s Too Early to Say Bulls Have Given Up

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Ethereum price extended its decline below $1,900 against the US Dollar. ETH is testing the $1,825 support and is currently attempting a fresh increase. Ethereum is down over 2% and there was a move below $1,900. The price is trading below $1,890 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support near $1,905 on the hourly chart of ETH/USD (data feed via Kraken). The pair could attempt a fresh increase but upsides might be capped near $1,900. Ethereum Price Extends Losses Ethereum’s price struggled to gain pace above the $1,955 resistance.
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Author: coinmaker

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kryptonew

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kryptonew
3 years ago

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