Ethereum Price Trims Gains But Here’s Why ETH Could Start Fresh Rally
Ethereum price corrected gains from the $1,750 zone against the US dollar. ETH is holding the key $1,620 support and might start a fresh rally. Ethereum is correcting gains from the $1,755 high. The price is trading below $1,700 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support near $1,690 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a close below the $1,620 support. Ethereum Price Corrects Gains Ethereum’s price extended its increase above the $1,720 level. ETH even....
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