Ethereum is slowly moving lower below $1,900 against the US Dollar. ETH must stay above $1,850 to avoid more losses in the near term.
- Ethereum started a downside correction below the $1,920 level.
- The price is now trading below $1,920 and the 100 hourly simple moving average.
- There is a key declining channel forming with resistance near $1,900 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could continue to decline if it stays below $1,900 and $1,950.
Ethereum Price Faces…
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