Ethereum (ETH) Steadies Above $3K, What Could Trigger Fresh Drop
Ethereum is holding gains above the $3,000 support zone against the US Dollar. ETH price is now facing resistance near the $3,150 and $3,180 levels. Ethereum started a downside correction after it failed to stay above $3,200. The price is now recovering above $3,100 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $3,140 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline unless it surpasses the main $3,180 resistance zone. Ethereum Price is Facing Hurdles Ethereum struggled to stay above the....
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