Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support.
Ethereum started a decent increase above the $2,500 and $2,520 levels. The price is trading near $2,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,555 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a move below the $2,500 support zone in the near term. Ethereum Price Faces Resistance
Ethereum price started a fresh increase from the $2,460 support zone, like Bitcoin. ETH price was able to recover above the $2,500 and $2,520 resistance levels.
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The bulls pushed the
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