ETHUSD SLIPPING AFTER TECHNICAL FAILURE
Ethereum is starting to give back earlier strong gains after buyers failed to keep price above the important $215.00 level. The broader cryptocurrency market is also weakening, which is putting downside pressure on the second largest cryptocurrency by market capitalization. Sellers will try to force the ETHUSD pair below the $200.00 level, while buyers will likely attempt to regain bullish momentum and close the week above the $215.00 level.
The ETHUSD pair is bearish while trading below the $215.00 level, key support is found at the $200.00 and $191.00 levels.
If the ETHUSD pair trades above the $215.00 level, key resistance is found at the $218.00 and $239.00 levels.
The ETHUSD pair is bearish while trading below the $215.00 level, key support is found at the $200.00 and $191.00 levels.
If the ETHUSD pair trades above the $215.00 level, key resistance is found at the $218.00 and $239.00 levels.
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