Ethereum Price Trims Gains – These Factors Could Trigger Fresh Increase
Ethereum price started a downside correction and traded below $2,000. ETH must stay above $1,920 to start a fresh increase in the near term. Ethereum is correcting gains and testing the $1,920 support zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $2,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,000 resistance zone in the near term. Ethereum Price Holds Key Support After struggling to clear the $2,120 resistance, Ethereum....
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