10-07-2023 06:00 via newsbtc.com

Ethereum Price Prints Bearish Technical Pattern, Why It Could Revisit $1,800

Ethereum price extended its decline below $1,880 against the US Dollar. ETH is showing bearish signs and might decline further toward $1,800.Ethereum is currently attempting a recovery wave from the $1,825 zone.
The price is trading below $1,880 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance near $1,905 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could attempt a fresh increase but upsides might be capped near $1,900.Ethereu
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