ETH price failed to climb above the $240 resistance and declined against the US Dollar. The price declined below the key $220 support level, which may now act as a resistance. There is a major bearish trend line forming with resistance near $214 on the
Bitcoin’s recent ascent has proven to be a negative thing for the aggregated crypto markets, as it has led most altcoins – including major ones like Ethereum (ETH) – to plummet as BTC continues to garner greater dominance over the markets. Now, analysts are noting
Ethereum price recently broke out of a period of consolidation as mentioned in my previous analysis on ETH, completing an asymmetrical triangle in favors of the bulls but has since begun a pullback breaking the short-term support. Bears now eye $190 support around the visible
There is no disputing that bitcoin has been ruling over the crypto realm in recent weeks. However, its epic rise in market share has been at the expense of many other high cap crypto assets including Ethereum, which continues to be battered by bearish traders.
ETH price traded to a new monthly high close to $240 before correcting lower against the US Dollar. The price is currently holding an important support near the $222 and $224 levels. Yesterday’s highlighted important bullish trend line is active with support near $224 on