Ethereum Say NO to Bears
Ethereum Say NO to Bears – Ethereum price found a terrible upward move above $140 and $150 resistance against US Dollar. ETH/USD railed above $160 resistance to see its comeback. It traded at $165 high and rippled back down. The price rejected the $170 support and dived down to $130 support. Later the price traded at $130 low making a new weekly low.
Ethereum Say NO to Bears – The hourly chart shows that ETH price clearly moved into the bearish zone below $140 and $137. Break upside $140 can take the price to $142 level. Otherwise, the price can rail down below $130 support level. MACD for the pair is in the bearish zone and slightly picking up and RSI is slowly moving towards 40 level.