Ethereum price extended its decline below $1,880 against the US Dollar. ETH is showing bearish signs and might decline further toward $1,800. Ethereum is currently attempting a recovery wave from the $1,825 zone. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance 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 Faces Resistance Ethereum’s price failed to continue higher above the $1,925 resistance and started a fresh decline.
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Author: coinmaker