TA: Ethereum Near Make-or-Break Levels, Why ETH Could Extend Losses

TA: Ethereum Near Make-or-Break Levels, Why ETH Could Extend Losses

Ethereum failed to clear the $3,200 resistance against the US Dollar. ETH price is declining and might retest the $2,960 support zone in the near term. Ethereum is struggling to clear the $3,190 and $3,200 resistance levels. The price is now trading above $3,050 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $3,060 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it fails to stay above the USD 3,050 support. Ethereum Price Reaches Key Support Ethereum attempted an upside break above the $3,200....


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