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Ethereum Price (ETH) Resumes Decline, Bears Eye Fresh Lows

From newsbtc.com

Ethereum price is trading in a bearish zone versus the US Dollar and bitcoin. ETH price could continue to slide and it seems like the price might even break $200. Ethereum Price Analysis Yesterday, we saw an upside correction in ETH price above the $210 resistance against the US Dollar. Bitcoin price also recovered above $11,400, but it failed to gain momentum above the $11,500 resistance. Ether’s price topped near the $215 and $216 resistance levels and recently moved low. Moreover, the price failed to clear the 61.8% Fib retracement level of the decline from the $226 high to $201 swing low. The recent decline was ... (full story)

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  • Category: Technical Analysis