27-05-2018 07:28 via newsbtc.com

Ethereum Price Weekly Analysis: ETH/USD Approaching Crucial Break

Key HighlightsETH price settled below the $600 support level with negative signs against the US Dollar.
There is a crucial contracting triangle forming with current support at $580 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair may well make the next move either above $600 or below $580 in the near term.Ethereum price is struggling to recover versus the US Dollar and Bitcoin. ETH/USD is now approaching a crucial break, possibly higher if buyers gain control.
Ethereum Price Tren
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