TA: Ethereum Revisits $2.5K, Why Recovery Could Be Capped (newsbtc)

Originally published at: https://www.channel-sea.cc/ta-ethereum-revisits-2-5k-why-recovery-could-be-capped-newsbtc/

Ethereum extended decline below the $2,650 support zone against the US Dollar. ETH price is struggling and there is a risk of a move below $2,500. Ethereum started a fresh decline from well above the $2,800 pivot zone. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a…