03-03-2019 05:48 via newsbtc.com

Ethereum Price Weekly Analysis: ETH Could Suffer Losses Before Fresh Increase

ETH price traded below the key $139-140 resistance area for many sessions against the US Dollar.
The price is trading with a bearish bias and there could be a few downward spikes towards $125.
There is a key contracting triangle in place with resistance at $136 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair could trade higher, but as long as it is below $140, it is likely to dip towards $125 or $124.Ethereum price is struggling to gain bullish momentum versus the US Dollar and
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