Ethereum Price Grinds Lower But Key Support Is Still Intact

Ethereum Price Grinds Lower But Key Support Is Still Intact

The price of Ethereum has experienced a downward correction after failing to break the $1,670 resistance level. It is currently trading below $1,640 and the 100-hourly Simple Moving Average. A key bearish trend line is forming with resistance near $1,640. To see another increase, Ethereum must stay above the $1,600 support zone. If it fails … Read more