26-08-2018 05:08 via newsbtc.com

Ethereum Price Weekly Analysis: ETH/USD’s Struggle to Rise Continues

Key HighlightsETH price attempted a recovery above the $275.00 level, but it failed to gain traction against the US Dollar.
There is a major bearish trend line formed with resistance at $280 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair must accelerate above the $282 and $285 levels to recover further in the near term.Ethereum price is struggling to gain traction versus the US Dollar and Bitcoin. ETH/USD could climb higher if buyers gain control above the $285 level.
Ethereum
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