Ethereum Price Weekly Analysis: ETH/USD Facing Uphill Task
Key HighlightsETH price is under a lot of bearish pressure below the $430 and $410 levels against the US Dollar.
There are two bearish trend lines in place with resistance at $432 and $412 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair needs to settle above $432 and the 100 SMA (4-hours) to move back in a positive zone.Ethereum price is trading with bearish moves versus the US Dollar and Bitcoin. ETH/USD is facing major hurdles near $732 for a recovery in the near term.
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