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19 September 2021

TA: Why Ethereum Remains At Risk of A Fresh Drop To $3K

TA: Why Ethereum Remains At Risk of A Fresh Drop To $3K


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However, ETH struggled to clear the $3,450 resistance and it even failed to stay above the 100 hourly simple moving average.

There is also a major bearish trend line forming with resistance near $3,400 on the hourly chart of ETH/USD.

Besides, it is now trading well below $3,400 and the 100 hourly simple moving average.

The first major resistance is near the $3,380 level.

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