25-12-2018 05:08 via newsbtc.com

Ethereum Price Analysis: ETH Corrects Sharply, Can It Hold 100 SMA?

Key HighlightsETH price traded above the $150 and $154 resistance levels before correcting lower against the US Dollar.
Yesterday’s highlighted key bullish trend line was breached with support at $141 on the hourly chart of ETH/USD (data feed via Kraken).
The pair traded sharply below the $132 support and traded close to the 100 hourly simple moving average.Ethereum price corrected sharply lower after trading to new weekly highs against the US Dollar and bitcoin. ETH/USD must stay above 10
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