Ethereum Price Recovery Could Soon Fade If ETH Fails To Surpass $1,400
Ethereum is slowly moving lower below $1,300 against the US Dollar. ETH remains at a risk of major decline if it stays below $1,400 for a long time. Ethereum started a fresh decline after it failed to clear the $1,350 resistance. The price is now trading below $1,320 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if it breaks the $1,265 support zone. Ethereum Price Grinds Lower Ethereum attempted a fresh increase above the $1,350....
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