Ethereum Revisits $2.8K, Why Upsides Might Be Limited

Ethereum started another decline from the $3,030 resistance against the US Dollar. ETH even spiked below $2,800 and currently attempting an upside correction.

  • Ethereum started a major decline below the $2,950 and $2,860 support levels.
  • The price is now trading below $2,950 and the 100 hourly simple moving average.
  • There is a key bearish trend line forming with resistance near $2,910 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair must stay above the $2,800 support to start…

Source link

About bitcoin

Check Also

Finder’s Ethereum Price Predictions Report

Finder’s Ethereum Price Predictions Report

Ether (ETH) could break US$2,400 in 2023, before ending the year at $2,184 …

Leave a Reply

Your email address will not be published. Required fields are marked *