-
Ethereum’s Endless Battle At $200 Is Getting To Decision
Ethereum dropped from $211 yesterday to crash back into the $200 level. The buyers battled to keep ETH above this point today, with a 2% increased to push toward $204. The support at $200 is considerably strong because the 2-month-old rising trend line is located there. A break beneath $200 and the trend line could spell disaster for ETH as it would start to unwind and possibly head back toward $150. image If the bulls can continue to push higher from this rebound, the first level of resistance is expected at $211 (bearish .618 Fib Retracement). Above this, resistance lies at $219.50 (1.272 Fib Extension), $225, ... (full story)