Ethereum Bulls Put Up A Fight, But Can They Clear This Major Hurdle?

Ethereum Bulls Put Up A Fight, But Can They Clear This Major Hurdle?

Ethereum price is attempting a recovery wave above $1,650 against the US Dollar. ETH must clear $1,660 and $1,700 to start a steady increase. Ethereum is struggling to rise above the $1,660 and $1,670 levels. The price is trading near $1,650 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $1,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if it clears $1,660 and then $1,700. Ethereum Price Lacks Momentum Ethereum’s price managed to settle above the $1,640 level. It seems....


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