11-08-2019 07:38 via newsbtc.com

Ethereum Price Weekly Forecast: ETH Could Rise While BTC Struggles

ETH price failed to climb above the $240 resistance and declined against the US Dollar.
The price declined below the key $220 support level, which may now act as a resistance.
There is a major bearish trend line forming with resistance near $214 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair could either climb back towards the $220 resistance or it might slide back to $200.Ethereum price is currently attempting an upside break against the US Dollar, and recovering vs bitcoin.
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