Ethereum price is recovering above the $1,850 zone against the US Dollar. ETH could restart its decline if there is no move above the $1,900 resistance.

• Ethereum is slowly moving higher above the $1,850 zone.
• The price is trading above $1,870 and the 100-hourly Simple Moving Average.
• There is a key bullish trend line forming with support near $1,855 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair could face a strong selling interest near the $1,900 and $1,920 levels.

Ethereum Price Faces Uphill Task

Ethereum’s price started a short-term recovery wave from the $1,830 zone. ETH was able to recover above the $1,850 and $1,860 levels, similar to Bitcoin.

However, the bears are still active below the $1,900 level. A high is formed near $1,886 and the price is now …