
Ethereum Price Faces Downward Pressure — More Pain Before a Bounce?
Ethereum price started a fresh decline below the $2,620 zone. ETH is now consolidating losses and remains at risk of more losses below $2,500. Ethereum started a fresh decline below the $2,600 level. The price is trading below $2,540 and the 100-hourly Simple Moving Average. There is a rising channel forming with support at $2,480…