09-09-2018 07:28 via newsbtc.com

Ethereum Price Weekly Analysis: ETH/USD Remains Sell on Rallies

Key HighlightsETH price is under heavy selling pressure as it recently broke the $200 support against the US Dollar.
There is a major bearish trend line formed with resistance at $205 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair remains sell on rallies near the $200, $205 and $210 levels in the near term.Ethereum price is heading south versus the US Dollar and Bitcoin. ETH/USD could continue to move down until buyers take a strong stand.
Ethereum Price Decline
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