Ethereum Topside Bias Vulnerable Unless It Surges Past 100 SMA

Ethereum Topside Bias Vulnerable Unless It Surges Past 100 SMA

Ethereum is showing signs of an upside correction from the $176 low against the US Dollar. However, ETH price is likely to face a major resistance near $195 and the 100 hourly SMA.

Ethereum extended its decline and traded to a new weekly low at $176.
The price is currently recovering and showing positive signs above $185.
There is a major declining channel forming with resistance near $189 on the…

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