Ethereum Price Pressured at $2,150, Bulls Fight to Clear Hurdle

Ethereum Price Pressured at $2,150, Bulls Fight to Clear Hurdle

Ethereum price started a steady recovery wave above $2,050. ETH is now struggling to clear $2,150 and might trim some gains in the near term. Ethereum started a decent upward move above the $2,020 zone. The price is trading above $2,050 and the 100-hourly Simple Moving Average. There was a break below a short-term contracting triangle with support at $2,135 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 resistance. Ethereum Price Faces Rejection Ethereum price extended its recovery wave above $2,020, beating Bitcoin.....


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