Tag Archives: SMA

Ethereum (ETH) Price Showing Positive Signs Above 100 SMA

This past week, we saw a major downside correction below the $170 support in Ethereum price against the US Dollar. The ETH/USD pair declined below the $165 support and tested the next key support at $160. Buyers appeared and protected further losses below $160. A support base was formed and recently the price recovered above the $165 resistance. There was a break above the 23.6% Fib retracement level of the last decline from the $185 high to $160 low. Continue reading Ethereum (ETH) Price Showing Positive Signs Above 100 SMA