TA: Ethereum Corrects But Why Dips Could Be Attractive In Short-Term

TA: Ethereum Corrects But Why Dips Could Be Attractive In Short-Term

Ethereum is correcting gains from $4,121 against the US Dollar. ETH price could start a fresh increase if there is a clear break above the $4,040 resistance. Ethereum struggled to clear the $4,100 zone and corrected lower. The price is trading just above $3,950 and the 100 hourly simple moving average. There was a break below a key rising channel with support near $4,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,920 support and the 100 hourly SMA. Ethereum Price Corrects Lower Ethereum started a steady recovery....


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