Ethereum started a downside correction from $1,600 against the US Dollar. ETH could start a fresh increase if it stays above the $1,450 support. Ethereum is correcting gains from the $1,580 and $1,600 resistance levels. The price is now trading above $1,450 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $1,450 support zone. Ethereum Price Remains Supported Ethereum started a decent increase above the $1,450 and $ ...
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