Ethereum Price Capped at $2,400, Momentum Fails to Push Higher
Ethereum price started a downside correction after it failed near $2,400. ETH is now consolidating and might aim for more gains if it clears $2,360. Ethereum started a downside correction below the $2,350 zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance…