Key Highlights Ethereum price continued to find bids near the 100 hourly simple moving average, but it may weaken in the short term vs the US Dollar. There was a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which is almost broken by the sellers. If there is an hourly close below the 100 SMA, then there is a chance of a downside move towards $9.00. Intraday Support Level – $9.00 Intraday Resistance Level – $9.50