11-03-2018 06:28 via newsbtc.com

Ethereum Price Weekly Analysis – ETH/USD Could Break Down

Key HighlightsETH price is under a lot of selling pressure and it remains below the $750 level against the US Dollar.
There is a key connecting bearish trend line forming with resistance at $710 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair remains in a downtrend and it could even break the $660 and $650 support levels.Ethereum price is trading in a negative zone against the US Dollar and Bitcoin. ETH/USD may continue to face sellers and it could soon trade towards $600.
Ether
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