Ethereum Price Nosedives and Signals a large degree decline - 10 March
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Ethereum price is down over 8 and trading below$,450 against the US Bone. ETH remains at threat of a larger decline towards$,350 in the near term. Ethereum started a major decline from the$,565 resistance zone. The price is trading below$,500, and the 100 hourly simples moving normally. There’s a short-term constricting triangle forming with resistance near$,425 on the hourly map of ETH/ USD (data feed via Kraken). The brace could correct advance if there’s a move above the$,450 resistance zone. Ethereum Price Dives Over 8 Ethereum price failed to clear the$,560 and$,565 resistance situations. ETH formed a high near$,565 and started a major decline, analogous to bitcoin. There was a sharp move below the$,500 support zone. ETHEREUM PRICE FACES RESISTANCE READ FULL ARTICLE HERE