Ethereum Price Weekly Analysis – ETH/USD Upsides Remain Capped
Key HighlightsETH price is currently recovering, but upsides remain capped by the $460 level against the US Dollar.
There is a major bearish trend line forming with resistance at $460 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair may correct a few points in the near term, but it will most likely face sellers near $450-460.Ethereum price is under huge selling pressure against the US Dollar and Bitcoin. ETH/USD is likely to extend declines once the current correction is complete
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