Ethereum started a steady recovery wave above the $2,980 resistance against the US Dollar. ETH price is now facing a strong resistance near $3,080 and $3,100.
- Ethereum started a major upside correction from the $2,880 zone.
- The price is now trading above $3,000 and the 100 hourly simple moving average.
- There is a key bearish trend line forming with resistance near $3,070 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair must clear $3,080 and $3,100 to start a strong upward…
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