26-04-2018 06:28 via newsbtc.com

Ethereum Price Technical Analysis – ETH/USD Support Turned Resistance

Key HighlightsETH price tumbled and broke a major support at $648-660 against the US Dollar.
This week’s highlighted important bullish trend line with support at $660 was breached on the hourly chart of ETH/USD (data feed via Kraken).
The pair retested the broken support at $648, but it acted as a resistance and prevented gains.Ethereum price is back in a bearish zone against the US Dollar and Bitcoin. ETH/USD has to move back above $645-660 to start a fresh upside wave.
Ethereum Price Res
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