Ethereum Price Hesitates But This Trend Line Might Trigger Fresh Increase
Ethereum price extended its decline below $1,950 against the US Dollar. ETH could start a fresh increase if it clears the $1,960 and $2,000 resistance levels.Ethereum traded further lower below the $1,950 support.
The price is trading below $1,960 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance near $1,950 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a decent increase if it clears the $1,950 and $1,960 levels.Ethe
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