ETH, Make or Break
ETH, Make or Break – Ethereum with fresh decline against US Dollar failed to clear the $98 resistance. The pair traded lower and broke the $95 and $92 support levels. Losses door opened and the price settled below $90 and the 100 SMA. at present, the price is trading near a major support area at $88, below which there could be a solid drop at $80.
ETH, Make or Break – From the above chart, ETH facing many hurdles near the $93 and $94 levels. Above $94, the man resistance is near the $98-$100 zones. The price could extend losses if buyers fail to gain pace above $94 and $98. MACD for the pair is in a bearish zone and RSI is below the 50 levels.