Ethereum Price Falters Above $3,700 – Is a Pullback Brewing?

Ethereum Price Falters Above $3,700 – Is a Pullback Brewing?


Ethereum price found support near the $3,400 zone and recovered. ETH is struggling to settle above $3,700 and might dip once again.

Ethereum started a fresh increase above the $3,440 and $3,500 levels. The price is trading below $3,620 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,500 zone in the near term. Ethereum Price Dips Below $3,600

Ethereum price started a fresh increase from the $3,365 support zone, beating Bitcoin. ETH price was able to recover above the $3,400 and $3,500 resistance levels.

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There was a move

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