Ethereum Price Technical Analysis – ETH/USD Crushed Below $650

Key Highlights ETH price is under immense bearish pressure as it declined below the $650 support against the US Dollar. There are two crucial bearish trend lines forming with resistance at $670 and $760 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently moving down and it is likely to break the $600 and $580 support levels in the near term.

Ethereum price getting crushed against the US Dollar and Bitcoin. ETH/USD is now below $650 and it eyes further declines...

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