Ethereum Price Technical Analysis – ETH/USD Faces Tough Resistance

in #ethereum7 years ago

·ETH price traded further lower and almost tested the $200 support against the US Dollar.

·Yesterday’s highlighted two bearish trend lines with resistance at $275-288 on the hourly chart of ETH/USD (data feed via SimpleFX) are still valid.

·The price is currently recovering, but likely to face sellers near $270 and $288 in the near term.

Read more here: http://www.newsbtc.com/2017/06/27/ethereum-price-technical-analysis-ethusd-faces-tough-resistance/

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I will have to hold :)

Hold or fold?
I think hold is best strategy ..and mid term solution
Good technical analysis

Hhhmmm interesting. Thanks for sharing this with us. Good post!