Ethereum Price Sees Healthy Pullback — Uptrend Still Safe

Ethereum Price Sees Healthy Pullback — Uptrend Still Safe
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Ethereum price started a fresh increase above the $1,800 zone. ETH is now correcting gains and trading below the $1,820 support zone.

Ethereum remained strong above $1,750 and started a fresh increase
The price is trading below $1,820 and the 100-hourly Simple Moving Average.
There is a short-term bearish trend line forming with resistance at $1,835 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase if it clears the $1,840 resistance zone.

Ethereum Price Dips
Ethereum price remained supported above the $1,750 zone and started another increase, like Bitcoin. ETH climbed above the $1,800 and $1,820 resistance levels to set the tone for a larger increase.
The bulls even pushed the price above $1,865. A high was formed at $1,873 and the price recently started a downside correction. There was a move below the $1,820 and $1,800 levels. The price dipped below the 50% Fib retracement level of the upward move from the $1,734 swing low to

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We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-sees-pullback-1765/

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