Ethereum Price Retests $2,350: Is a Bounce In The Cards?

Ethereum Price Retests $2,350: Is a Bounce In The Cards?

Ethereum price extended losses and tested the $2,350 support. ETH is now consolidating and might aim for a fresh increase above the $2,400 resistance. Ethereum started a downside correction below the $2,400 zone. The price is trading just above $2,420 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel…