TA: Ethereum (ETH) Faces Rejection, Why ETH Could Revisit $3K
Ethereum failed once again to clear the $3,330 resistance against the US Dollar. ETH price is now at a risk of more losses below the $3,120 support zone. Ethereum failed on two occasions to clear the $3,330 resistance zone. The price is now trading below $3,200 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $3,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down as long as it is below the $3,250 resistance. Ethereum Price Faces Key Resistance Ethereum made another to clear the $3,330....
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