The price of ETH faces strong resistance near the $184 and $185 levels against the US dollar.
The price is quoted above the main support of $178, which is at risk.
In the 4-hour chart (data feed through KKken) of ETH / USD, $186 has a significant downtrend line with resistance.
The pair is currently declining and may have difficulty eliminating support levels of $178 and $176.
Ethereum costs less than $185 against the US dollar, similar to Bitcoin. The price of ETH remains below the support area of $176 at the risk of a negative break.
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The price is quoted above the main support of $178, which is at risk.
In the 4-hour chart (data feed through KKken) of ETH / USD, $186 has a significant downtrend line with resistance.
The pair is currently declining and may have difficulty eliminating support levels of $178 and $176.
Ethereum costs less than $185 against the US dollar, similar to Bitcoin. The price of ETH remains below the support area of $176 at the risk of a negative break.
Read more...
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