Ethereum Price Dips Again: Will Bulls Step In to Protect the Trend?
Ethereum price struggled to continue higher above the $2,750 resistance. ETH started a downside correction and traded below the $2,680 support. Ethereum started
Ethereum price struggled to continue higher above the $2,750 resistance. ETH started a downside correction and traded below the $2,680 support.
Ethereum started a downside correction below the $2,680 support.
The price is trading below $2,650 and the 100-hourly Simple Moving Average.
There was a break below a key bullish trend line with support near $2,680 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase if it clears the $2,650 and $2,680 resistance levels.
Ethereum Price Trims Gains
Ethereum price remained stable above the $2,620 level like Bitcoin. ETH extended gains above the $2,650 resistance level to move further into a positive zone.
However, the bears remained active near the $2,765 level. A high was formed at $2,765 and the price started a downside correction. There was a break below a key bullish trend line with support near $2,680 on the hourly chart of ETH/USD.
The pair dipped below the $2,650 level. A low was formed at $2,626 and the pri…
