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Ethereum Nears Crucial $1,650 Resistance: Will It Break or Decline?

Ethereum is steadily increasing, inching closer to a critical resistance level of $1,650. The cryptocurrency trades above $1,610, comfortably above the 100-hourly Simple Moving Average. Moreover, Ethereum’s price action has formulated a short-term rising channel with support near $1,630, as evidenced by the hourly chart of ETH/USD,
Simple Moving Ethereum Level Resistance Above Hourly Support Could Blockchain Ccphoto Cr Folly
Source: wn.com

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