Ethereum price is moving lower from the $1,900 resistance against the US Dollar. ETH could decline heavily if there is a clear move below the $1,800 support.
Ethereum is still struggling to clear the $1,900 and $1,920 resistance levels.
The price is trading below $1,880 and the 100-hourly Simple Moving Average.
There is a major bearish trend line forming with resistance near $1,855 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could still struggle to clear the $1,900 resistance zone.
Ethereum Price Dips Again
Ethereum’s price started a fresh increase from the $1,775 zone. ETH climbed above the $1,850 resistance but the bears were again active near the $1,900 zone, similar to Bitcoin.
A high is formed near $1,898 and the price is now moving lower. There was a break below the $1,850 support zone. The bears pushed the price below the 50% Fib retracement level of the upward move from the $1,777 swing low to the $1,898 high.
Ether is now trading below $1,880 and the 100-
We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-consolidates-below-1900/
