In the past two days, ETH price faced an increase in selling interest from $230 against the US Dollar. There was a steady decline below the $225 support level. Moreover, Ethereum price even broke the key $222 support level and settled below the 100 hourly simple moving average. On the other hand, bitcoin price mostly traded with a positive bias, but it seems to be struggling near the $12,000 resistance. The recent decline in Ether’s price was such that the price even broke the $220 support. A new weekly swing low was formed near $214 and the price is currently correcting higher. It traded above the $218 level plus ... (full story)