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Has Ethereum (ETH) Reached a Top?
In brief
ETH/USD has broken down from an ascending support line.
There is support at $220 and $175.
For ETH/BTC, there is support at both ฿0.0257 and ฿0.0242
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The Ethereum price has broken down from a rising support line. After briefly validating this line as resistance, the price has resumed its downward momentum. The ETH/BTC pair attempted a breakout above a crucial resistance area, but could not sustain the higher prices and has fallen back below this level. ETH/USD The Ethereum price had been following an ascending support line since it
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