Ethereum extended its decline after the fed rate decision against the US Dollar. ETH tested the $1,500 support and is currently correcting losses. Ethereum extended decline below the $1,550 support zone and tested $1,500. The price is now trading below $1,580 and the 100 hourly simple moving average. There is a key major bearish trend line forming with resistance near $1,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it clears the $1,580 and $1,600 resistance levels. Ethereum Price Eyes Increase Ethereum failed to gain pace for a move above ...
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