25-11-2019 04:08 via newsbtc.com

Ethereum (ETH) Downtrend Gaining Pace, $125 Next?

Ethereum is declining and it recently failed to recover above the $155 resistance against the US Dollar.
Bitcoin price is now trading well below the $7,000 level and tested the final $6,500 bearish target.
There is a key bearish trend line forming with resistance near $147 on the hourly chart of ETH/USD (data feed via Kraken).
The price is currently trading below $145 and it is likely to trade below the $135 support area.Ethereum price is facing an increase in selling versus the US Dollar, simi
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