Ethereum Price Attempts Bounce While $3,000 Separates Bulls And Bears

Ethereum Price Attempts Bounce While $3,000 Separates Bulls And Bears


Ethereum price started a fresh decline from the $3,000 resistance. ETH is now consolidating losses and might aim for a recovery if it clears $3,120.

Ethereum started another decline and traded below $2,920. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,900 zone. Ethereum Price Attempts Recovery

Ethereum price failed to remain stable above $3,050 and started a fresh decline, like Bitcoin. ETH price declined below $3,020 and $3,000 to enter a bearish zone.

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The bears even pushed the price below $2,920. The

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