Ethereum traded above the $450 resistance, but it is struggle near $480 against the US Dollar. ETH price is correcting gains, but it is likely to find strong bids near $440.
ETH price traded to a new multi-month high near $478 against the US Dollar. The price is currently correcting lower below $465, but it is well above the 100 simple moving average (4-hours). There was a break below a key bullish trend line with support near $460 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is continue lower, but there is a major support waiting near the $440 and $435 levels. Ethereum Price is Correcting Gains
This past week, bitcoin and ethereum performed really well above $16,000 and $450 respectively against the US Dollar. ETH price even broke the $465 resistance and settled well above the 100 simple moving average (4-hours).
It traded to a new multi-month high near $478 and recently started a