Ethereum Price Retests Uptrend Support But Can Bulls Save The Day
Ethereum price started a downside correction below $1,950 against the US Dollar. ETH is testing the $1,900 support and is showing a few bearish signs.Ethereum is correcting gains below the $1,950 zone.
The price is trading below $1,940 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance near $1,925 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start another increase unless there is a close below $1,900 in the near term.Ether
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