Ethereum price started a downside correction from the $4,780 zone. ETH is again rising from $4,480 and might attempt a steady increase.
Ethereum started a fresh increase above the $4,520 and $4,550 levels.
The price is trading above $4,550 and the 100-hourly Simple Moving Average.
There is a bullish trend line forming with support at $4,500 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it remains supported above the $4,500 zone in the near term.
Ethereum Price Dips Remains Attractive
Ethereum price started a fresh increase above the $4,600 support zone, beating Bitcoin. ETH price was able to climb above the $4,650 and $4,700 resistance levels.
The bulls even pushed the price above the $4,720 resistance zone. Finally, the price tested the $4,780 resistance zone. A high was formed at $4,782 and the price recently corrected gains below the 23.6% Fib retracement level of the upward move from the $4,170 swing low to the $4,782 hi
We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-corrects-lower-4780/
