TA: Ethereum Price Needs To Clear $1,400 For Hopes of a Fresh Rally
Ethereum is struggling below the $1,350 zone against the US Dollar. ETH could start a major increase if it clears the $1,350 and $1,400 resistance levels. Ethereum is stable above the $1,260 and $1,250 support levels. The price is now trading below $1,350 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a steady increase if it clears the key $1,400 resistance zone. Ethereum Price Faces Hurdles Ethereum dropped from the $1,350 resistance zone. However,....
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