Ethereum Price Buying Pressure Softens, Traders Turn Increasingly Cautious
Ethereum price started a downside correction from $2,120. ETH must clear the $2,110 and $2,120 resistance levels to continue higher. Ethereum started a downside correction below the $2,110 zone. The price is trading below $2,095 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,105 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,120 zone. Ethereum Price Dips Below Support Ethereum price failed to stay above the $2,120 zone and extended its decline, like Bitcoin. ETH....
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