Ethereum price is struggling to clear the $1,880 zone against the US Dollar. ETH could start a fresh decline if it stays below $1,880 and $1,900.
Ethereum is facing major resistance near $1,880 and $1,900.
The price is trading below $1,875 and the 100-hourly Simple Moving Average.
Earlier, there was a break below a key bullish trend line with support near $1,870 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is now struggling to rise above the same trend line and $1,880.
Ethereum Price Faces Key Resistance
Ethereum’s price failed to clear the $1,885 resistance and started a fresh decline. ETH declined below the $1,875 and $1,870 levels within a range, similar to Bitcoin.
Besides, there was a break below a key bullish trend line with support near $1,870 on the hourly chart of ETH/USD. The pair tested the $1,850 support and recently started a fresh increase. There was a move above the $1,865 level. The bulls pushed the price above the 50% Fib retracement level of the d
We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-recovery-fade-1900-2/
