Ethereum Price Technical Analysis – ETH/USD Testing Key Support

Key Highlights ETH price is in trouble as it moved below the $1060 support and traded towards $1000 support against the US Dollar. There is a major bearish trend line forming with resistance at $1105 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might correct higher in the short term, but upsides could be contained by the $1090-1105 levels.

Ethereum price declined sharply against the US Dollar and Bitcoin. ETH/USD is currently holding the $1000 support, but it remains...

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

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