Ethereum Just Saw Key Technical Correction But 100 SMA Can Trigger New Rally

Ethereum Just Saw Key Technical Correction But 100 SMA Can Trigger New Rally

Ethereum Just Saw Key Technical Correction But 100 SMA Can Trigger New Rally

Ethereum price started a downside correction from the key $180 resistance area against the US Dollar. ETH is currently below $175, but it is holding the 100 hourly simple moving average.

Ethereum failed to climb above $180 once again and recently declined below $175 against the US Dollar.
The price is now trading near the $170 support and the 100 hourly simple moving average.
Yesterday’s…

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