Ethereum price failed to stay above $2,120 and extended losses. ETH is now struggling to stay above $2,040 and might continue to move down in the near term.
Ethereum started a fresh decline from the $2,150 zone.
The price is trading below $2,120 and the 100-hourly Simple Moving Average.
There was a break below a bullish trend line with support at $2,075 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh decline if it stays below the $2,120 resistance.
Ethereum Price Dips Further
Ethereum price failed to continue higher above $2,120 and started a fresh decline, like Bitcoin. ETH price declined below $2,075 and $2,050 to enter a bearish zone.
There was a break below a bullish trend line with support at $2,075 on the hourly chart of ETH/USD. The price traded as low as $2,016. It recently corrected some losses and traded above the 23.6% Fib retracement level of the downward move from the $2,167 swing high to the $2,016 low. However, the bears
We współpracy z: https://www.newsbtc.com/analysis/eth/ethereum-price-extends-losses-2000/
