Ethereum Price Anchors At $1,920 — Can Bulls Ignite A Fresh Upside Leg?
Ethereum price found support near $1,920 and recovered some losses. ETH is now consolidating and faces key hurdles near $2,020. The next major resistance is near the $2,060 level. A clear move above the $2,060 resistance might send the price toward the $2,100 resistance. An upside break above the $2,100 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,150 resistance zone or even $2,185 in the near term. If Ethereum fails to clear the $2,015 resistance, it could start a fresh decline. Initial support on the downside is near the $1,965 level. The first major support sits near the $1,955 zone or the trend line. A clear move below the $1,955 support might push the price toward the $1,920 support. Any more losses might send the price toward the $1,880 region. The main support could be $1,825. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $1,920 Major Resistance Level – $2,015Another Decline In ETH?
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