TA: Ethereum Price Recovery Could Soon Fade If ETH Fails To Surpass $1,350
Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH retested $1,255 and remains at a risk of more losses. Ethereum started another decline after it failed to clear the $1,375 zone. The price is now trading below $1,320 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if it stays below the $1,350 level for a long time. Ethereum Price Turns Red Ethereum failed to gain pace above the $1,350 resistance zone. ETH....
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