Ethereum Price Technical Analysis - Simple Uptrend Pullback
Ethereum Price Key Highlights. Ethereum price is starting a new uptrend on the 1-hour chart, moving above a rising trend line connecting the latest lows of price action. Price could be in for a quick pullback to the support area at 0.00250BTC since the resistance near the psychological 0.00300BTC mark held. Ethereum price is making a correction from its recent climb, potentially drawing more buyers to the mix and extending its gains. Dynamic Support at 100 SMA. The moving averages are supporting the idea of further gains, as the 100 SMA is treading above the longer-term 200 SMA. In....
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