Ethereum has somewhat stabilized over the past week, marking a slight 3% decline. ETH currently trades at around $220. This brief stint of sideways action comes after Ethereum suffered a precipitous 27% price drop from $300. Despite the price falls, Ethereum remains the second-largest cryptocurrency with a market cap of $23.72 billion. • Since our previous ETH/USD analysis, there hasn’t been much action against the USD. Ethereum currently trades around the strong resistance of $220 which is provided by the 200 days EMA and the short term .618 Fib Retracement. • From above: If the bulls can push the price above the ... (full story)