22-11-2017 06:00 via newsbtc.com

Ethereum Price Technical Analysis – ETH/USD Holding Key Support

Key Highlights
ETH price failed to move above the $370 resistance against the US Dollar and started a downside move.
There is a key bullish trend line forming with support at $355 on the hourly chart of ETH/USD (data feed via SimpleFX).
The price remains supported above $355 and the 100 hourly simple moving average for more gains.
Ethereum price is supported on the downside against the US Dollar and Bitcoin. ETH/USD must stay above $350 in order to make another upside move.
Ethereum Price Resist
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