Ethereum and most of the major alternative currencies have delayed tracking the price action of Bitcoin. And the aggregate market has not been able to obtain a decisive boost in recent weeks. The lack of this speed has caused the ETH to move in the region of around $150 while the bull and the bear remain stale.
Analysts now point out that Ethereum may soon see more losses, since it cannot move above a descending resistance line that is stronger than two years.
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