Ethereum (ETH) Price Prediction for May 16

After a ferocious breakout from the $2,000 range, the Ethereum price is currently trading at $2,585, pulling back modestly after facing resistance around $2,710. On the 4-hour chart, ETH is consolidating inside a downward-sloping channel as bulls protect the $2,560-$2,570 zone, which coincides with the 20-EMA and the Bollinger midline. This area acts as dynamic […] The post Ethereum (ETH) Price Prediction for May 16 appeared first on Coin Edition.