Ethereum Price Is Plunging, But It’s Too Early to Say Bulls Have Given Up

Ethereum Price Is Plunging, But It’s Too Early to Say Bulls Have Given Up

Ethereum price extended its decline below $1,900 against the US Dollar. ETH is testing the $1,825 support and is currently attempting a fresh increase.


  • Ethereum is down over 2% and there was a move below $1,900.

  • The price is trading below $1,890 and the 100-hourly Simple Moving Average.

  • There was a break below a connecting bullish trend line with support near $1,905 on the hourly chart of ETH/USD (data feed via Kraken).

  • The pair could attempt a fresh increase but upsides might be capped near $1,900.

  • Ethereum Price Extends Losses


    Ethereum’s price struggled to gain pace above the $1,955 resistance. ETH started another decline and traded below the key support at $1,900, similar to Bitcoin.


    The price even declined below the $1,850 level. Besides, there was a break below a connecting bullish trend line with support near $1,905 on the hourly chart of ETH/USD. However, the bulls were active near the last pi ..

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