Ethereum Topside Bias Vulnerable Unless It Surges Past 100 SMA

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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