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Ethereum Price Analysis: ETH/USD Bounces of $155 Support But Bulls Have Eyes on $180

From coingape.com

Looking back at the performance of Ethereum in the last five days, we can see the tug of war that has ensued between the bulls and the bears. Unfortunately, for the bulls, the bears have mostly had their way until now. Following the achievement of the yearly high at $179.52, Ethereum buyers lost balance and allowed the sellers to forge revenge. The momentum has been breaking one support after another including the key $168, $164 and $160 support zones. The losses on Friday explored the rabbit hole beneath $160. However, the buyers were waiting to buy at $155. At the time of writing, an ongoing bullish reversal has ... (full story)

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  • Category: Technical Analysis