Ethereum Lacks Momentum Above $370: Here’s Why Bulls Are Comfortable

Ethereum Lacks Momentum Above $370: Here’s Why Bulls Are Comfortable

Ethereum 11

Ethereum failed to continue high above $390 against the US Dollar. ETH price is currently trading above a crucial support at $350, below which it could turn negative.

  • Ethereum declined below the $375 support after it failed near the $390 level.
  • The price is now trading below the 100 hourly simple moving average, but it is well above $350.
  • There is a crucial bullish trend line forming with support…

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