Ethereum price is facing a barrier near the $1,840 resistance against the US Dollar. ETH could attempt another upside break if it clears the $1,825 and $1,840 resistance levels.
Ethereum is currently facing many barriers near the $1,840 resistance zone. The price is trading below $1,810 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $1,805 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if it clears the $1,825 and $1,840 resistance levels. Ethereum Price Stuck Below $1,840
Ethereum’s price failed another time to clear the $1,840 and $1,850 resistance levels. ETH declined below the $1,800 level to remain in a range, similar to Bitcoin.
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