Ethereum price is struggling to clear the $1,885 zone against the US Dollar. ETH could start a decent recovery if there is a close above $1,885 and $1,900.

• Ethereum is showing a few bearish signs from the $1,885 resistance.
• The price is trading below $1,870 and the 100-hourly Simple Moving Average.
• There is a major bullish trend line forming with support near $1,858 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair could decline sharply if there is a close below the $1,850 support.

Ethereum Price Faces Rejection

Ethereum’s price attempted a short-term recovery wave above the $1,850 zone. ETH was able to recover above the $1,855 and $1,870 levels, similar to Bitcoin.

However, the bears protected more upsides above the $1,885 resistance zone. A high was formed …