Ethereum Price Gearing For Another Lift-Off: Recovery Isn’t Over Yet

[AJBot]

Ethereum failed to clear the $1,350 resistance and corrected lower against the US Dollar. ETH is holding the key support and might aim a fresh move to $1,400. Ethereum started a downside correction and tested the $1,265 support zone. The price is now trading above $1,300 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,295 on the hourly chart of ETH/USD (data feed via Kraken). The pair seems to be fresh increase above the $1,350 resistance zone. Ethereum Price Remains Supported Ethereum struggled to continue higher above the $1,350 resi ...

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