Ethereum Price Could Spark A Fresh Upswing While Above $1,550
Ethereum price started a downside correction below $1,665. ETH must clear the $1,650 and $1,720 resistance levels to continue higher.Ethereum started a downside correction below the $1,650 zone.
The price is trading below $1,650 and the 100-hourly Simple Moving Average.
There is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move down if it stays below the $1,720 zone.Ethereum Price Holds Support
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