05-12-2019 04:08 via newsbtc.com

Ethereum (ETH) Rip & Dip Scenario Was Total Disaster

Ethereum rallied sharply above the $150 resistance, but failed near $152 against the US Dollar.
The price is trimming gains and it is back to pre-rally levels near the $144 support.
There is a short term bullish trend line forming with support near $145 on the hourly chart of ETH/USD (data feed via Kraken).
The price remains at a risk of more losses below the $145 and $144 support levels.Ethereum price rally above $150 seems to be fake versus the US Dollar, similar to bitcoin. ETH price is back
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