Ethereum price extended losses and dropped below the $3,450 zone. ETH is now recovering some losses and might rise if it clears the $3,445 resistance.
Ethereum started a fresh decline below the $3,500 zone.
The price is trading below $3,450 and the 100-hourly Simple Moving Average.
There was a break above a connecting bearish trend line with resistance at $3,300 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a decent increase if it clears the $3,450 and $3,500 resistance levels.
Ethereum Price Stays Above $3,200
Ethereum price struggled to start a fresh increase above the $3,500 level and extended losses like Bitcoin. ETH gained bearish momentum below the $3,400 level and traded below $3,320.
The price is now consolidating above the $3,220 and $3,200 support levels. A low was formed at $3,220 and the price is now consolidating losses. There was a break above the $3,250 level. The price cleared the 50% Fib retracement level of the downward move
We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-comeback-3250/
