Ethereum Price Warning – Bulls Losing Grip as Downside Risks Build
Ethereum price started a fresh recovery wave above the $4,450 zone but failed. ETH is still struggling and might slide below the $4,220 zone. Ethereum is still struggling to recover above the $4,400 zone. The price is trading below $4,400 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at $4,310 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,350 level in the near term. Ethereum Price Remains At Risk Ethereum price started a recovery wave after it formed....
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Ethereum price was trading above a short-term support versus the US Dollar until sellers appeared and took ETH/USD lower. Key Highlights. ETH price after failing to retain the bullish bias against the US Dollar failed and moved down. Yesterday’s highlighted bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD was cleared by sellers during the recent downside. ETH bulls must trade carefully, as there is a chance of a downside move in the short term. Ethereum Price Downside Move. Ethereum price looks like made a short-term top near $13.21 against the US Dollar. There....