Ethereum Price Extends Losses: Is The Downtrend Set to Continue?
Ethereum price is gaining pace below the $2,550 resistance. ETH is now trading above $2,500, but it might struggle to recover above $2,550. Ethereum started a downside correction below the $2,550 zone. The price is trading below $2,520 and the 100-hourly Simple Moving Average. There is a short-term consolidation pattern forming with resistance at $2,500…