Ethereum price is correcting lower against the US Dollar and Bitcoin. ETH/USD has to stay above $440-450 and the 100 hourly SMA to remain in the bullish zone. Ethereum price is correcting lower against the US Dollar and Bitcoin. ETH/USD has to stay above $440-450 and the 100 hourly SMA to remain in the bullish zone. There was a decent price action in ETH price above $440 against the US Dollar. The price remained in the bullish zone and it recently traded as high as $478.05 before initiating a downside correction. It is important to note that the price faced a major connecting resistance trend line at $478 that prevented further gains. During the decline, the downside move found support near $440 and the 100 hourly simple moving average. Read more here…

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