Ethereum (ETH) is in bad shape this Monday morning. The second largest cryptocurrency broke $230.00 handle late on Sunday and touched $226.47 lo w before recovering to $233.60 by press time. ETH has lost over 3.5% in recent 24 hours and over 12 in recent seven days. Looking technically, ETH/USD is vulnerable to the further downside correction as the Relative Strength Index (RSI) on intraday charts points downwards, which means that downside upside potential is not exhausted. The local support is created by psychological $230.00. Once it is cleared, the sell-off is likely to gain traction with the next focus on ... (full story)