Ethereum Price Consolidates Below $1,300: What Could Trigger A Sharp Decline?
Ethereum tested the key $1,265 support zone against the US Dollar. ETH might correct higher, but upsides could face hurdles near $1,300 and $1,310. Ethereum remains in a bearish zone below the $1,350 and $1,320 support levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $1,285 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of a sharp decline if it stays below the $1,300 pivot level. Ethereum Price Faces Hurdles Ethereum gained bearish pace and....
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