Ethereum Price Topside Bias Vulnerable If ETH Drops Below $1,825

Ethereum Price Topside Bias Vulnerable If ETH Drops Below $1,825

Ethereum price failed again to clear the $1,900 resistance against the US Dollar. ETH is declining and might revisit the $1,825 support zone.
Ethereum topped near the $1,900 resistance and declined.
The price is trading below $1,880 and the 100-hourly Simple Moving Average.
There was a break below a key bullish trend line with support near $1,875 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could extend its decline toward $1,845 or even $1,825.
Ethereum Price Restarts Decline
Ethereum’s price made another to clear the key resistance at $1,900. However, ETH failed to gain pace above the $1,900 resistance and reacted to the downside, similar to Bitcoin.
A high was formed near $1,901 and the price declined below $1,880. There was a break below a key bullish trend line with support near $1,875 on the hourly chart of ETH/USD. The pair traded below the 76.4% Fib retracement level of the upward move from the $1,862 swing low to the $1,901 high.
Ether is now trading below

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We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-vulnerable-1825/

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