Ethereum price started a downside correction from $4,250. ETH is moving lower below $4,000 and might decline further if it trades below $3,920.
Ethereum started a downside correction below $4,150 and $4,050. The price is trading below $4,050 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $4,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,920. Ethereum Price Starts Downside Correction
Ethereum price extended gains above the $4,050 level, like Bitcoin. ETH price even surpassed $4,200 before the bears appeared. A high was formed at $4,252 and the price recently started a downside correction.
Trending: WATCH: Off-Duty Deputy Takes Out Alleged Cop Killer Riding a Motorcycle on California Freeway
There was a move below the
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!