Ethereum Price Technical Analysis – ETH Buyers Be Careful
Ethereum price looks like setting up for a minor downside move. A break and close below the 100 hourly SMA may ignite a reaction. Ethereum Price – Move towards $9.00 possible? Ethereum price ETH corrected in two waves recently after making a minor top near $10.44. It moved down on a couple of occasions, but the 100 hourly simple moving average managed to prevent a downside move. However, the current price action suggests that there is a chance of ETH breaking the 100 hourly SMA in the short term. There was a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD,....
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