Ethereum declined below the $1,350 support against the US Dollar. ETH could start a steady increase if there is a clear above the $1,350 resistance.
- Ethereum started a fresh decline after it failed to clear the $1,385 resistance zone.
- The price is now trading below $1,350 and the 100 hourly simple moving average.
- There was a break above a major bearish trend line with resistance near $1,320 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair must stay above the $1,300 level to avoid a major decline in the near term.
Ethereum Price Holds Key Support
Ethereum failed to gain pace above the $1,385 and $1,400 resista
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