Ethereum Price Defies The Trend—Beating Bitcoin in Recent Gains

Ethereum Price Defies The Trend—Beating Bitcoin in Recent Gains

Ethereum price is showing positive signs above the $2,650 zone. ETH is outshining Bitcoin and might start another increase in the near term. Ethereum is holding gains and aiming for more gains. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at…
Ethereum Price Path to Recovery Blocked by Key Barriers

Ethereum Price Path to Recovery Blocked by Key Barriers

Ethereum price started a recovery wave above the $2,550 zone. ETH is showing positive signs but faces many hurdles near the $2,880 level. Ethereum started a decent upward move above the $2,550 zone. The price is trading below $2,880 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at…