Ethereum Trapped Beneath Multi-Year Resistance as Analysts Target Further Losses

Ethereum and most major altcoins have been closely tracking Bitcoin’s price action as of late, and the aggregated market has been unable to find any decisive momentum over the past few weeks. This lack of momentum has caused ETH to hover around the $150 region as bulls and bears remain deadlocked.
Analysts are now noting that Ethereum may soon see significantly further losses as it fails to break above a descending resistance line that has held strong for two years.
Ethereum Stable Around