Ethereum Price Faces Crucial Test: Will $2,850 Withstand the Pressure?

newsbtc.com/analysis/eth/ethereum-price-faces-test-2850

Ethereum price is still consolidating near the $3,000 zone. ETH could start a steady increase if the bulls push the price above the $3,100 resistance.
Ethereum is still struggling to recover above the $3,100 resistance zone.
The price is trading below $3,100 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance at $3,070 on the…

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