Ethereum price started a downside correction below $1,665. ETH must clear the $1,650 and $1,720 resistance levels to continue higher. Ethereum started a downside correction below the $1,650 zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,720 zone. Ethereum Price Holds Support Ethereum
This article was originally published by NewsBTC. Click through to read the complete story.
Ethereum price started a downside correction below $1,665. ETH must clear the $1,650 and $1,720 resistance levels to continue higher. Ethereum started a downside correction below the $1,650 zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,720 zone. Ethereum Price Holds Support Ethereum
Category: ethereum
Related Crypto News
- Ethereum Exodus Hits 4-Month Peak: Could ETH Plunge Below $2,300?
- Ethereum on the Edge: Could Soaring Bears Trigger a Plunge Below $2K?
- Ethereum Staking Frenzy: Demand Soars Despite Yields Plummeting to 2.5%!
- Ethereum's Deflationary Magic Wanes: Will ETH/BTC Still Stage a Jaw-Dropping Breakout?
- Ethereum's Glamsterdam Testnet Faces Hurdle: Is Solana Stealing the Show?
- Ethereum Shocker: Glamsterdam Test Delayed as Smart Contract Questions Loom!