Ethereum’s bullish momentum has shown signs of slowing, with the price struggling to clear the resistance at $1920, with the price currently trading at $1880.

While ETH is moving lower, downsides may be limited below $1850. There was also a break above a connecting bearish line trend, with resistance present near $1880, which appeared on the hourly ETH/USD chart.

ETH Price Remains Stable

The Ethereum price remained stable above the $1850 support zone, making another attempt to gain bullish momentum above the resistance prevailing at the $1880 level. While there was a break above a connecting bearish trend line, ETH failed to clear the $1920 resistance zone. As a result, a high has formed near the $1907 level, with the ETH price moving lower. ETH was trading at $1895 on the morning of …