Ethereum Lacking Momentum Above $4,300, Why Bulls Are Safe
Ethereum is struggling to gain pace above the $4,300 zone against the US Dollar. ETH price is correcting gains, but it might find support near $4,000. Ethereum corrected lower below the $4,220 and $4,200 support levels. The price is now trading below $4,300 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $4,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the key $4,300 resistance zone. Ethereum Price Remains Supported Ethereum struggled to gain pace above the $4,320....
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