Ethereum price analysis: ETH fighting bears seeking pull down below $3,200

TL;DR Breakdown Ethereum price analysis reveals a struggle between bulls and bears.Bears are looking to pull ETH’s price below $3,200.Strong support is currently found at the $3,160 mark.Strong resistance is currently found at the $3,220 mark. Ethereum price analysis reveals that the queen of cryptocurrency is stuck in a struggle between bullish and bearish trends seeking to gain control of the momentum. There is little help from Bitcoin since the king of cryptocurrency is also resting after a bullish streak, and the queen is on her own at the moment. During the past 24-hours, Ethereum price fell over 2.0 percent and over 1.59 percent during the past seven days. At the time of writing, ETH is trading hands for $3,219. Ethereum is struggling through the bearish and bullish trends while showing a healthy correction at the time of writing. ETH/USD 1-day candlestick analysis reveals bearish crossover The one-day candlestick Ethereum price analysis chart reveals a bearish crossover between the current price and the nine-day moving average (SMA 9), marking a bearish signal while the remaining indicators are largely bullish. The SMA-9 is present at the $3,224 mark where the bearish crossover is happening, while the current price is below that at the $3,213 mark. ETH/USD 1-day candlestick price chart. Source: Trading View The upper Bollinger band is present as the strongest resistance at the $3,387 mark. On the other hand, the ...