TA: Ethereum (ETH) Back Below $3K, Why Rally Isn’t Over Yet
Ethereum started a strong rally above the $3,000 resistance against the US Dollar. ETH price is now correcting gains, but it is likely to find bids near $2,840. Ethereum gained pace after it broke the key $2,840 resistance zone. The price is now trading above $2,900 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $2,980 on the hourly chart of ETH/USD (data feed via Kraken). The pair is correcting gains, but there is a strong support waiting near $2,800. Ethereum Price Corrects Gains Ethereum started a strong rally above the....
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