Ethereum Price Technical Analysis – ETH/USD Breaks Key Support

Key Highlights ETH price struggled to maintain the bullish bias and traded below the $1170 support against the US Dollar. There was a break below a major bullish trend line with support at $1162 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now trading below the $1140 support level and it looks set for further declines in the near term.

Ethereum price made a short term top against the US Dollar and Bitcoin. ETH/USD is now trading well below $1180 and it may continue...

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Key Highlights ETH [+]    Dollar [+]    ETH [+]    USD [+]    SimpleFX [+]    Ethereum [+]    Dollar and Bitcoin [+]   

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