Ethereum Price Weekly Analysis: What’s Next for ETH/USD?
Key HighlightsETH price remains in a bearish trend below the $450 resistance area against the US Dollar.
There is a declining channel formed with current resistance at $439 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair is facing many resistances on the upside such as $439, $455 and the 100 SMA.Ethereum price is struggling to gain bullish momentum versus the US Dollar and Bitcoin. ETH/USD could make a bullish move as long as it is above $417.
Ethereum Price Trend
This past week
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