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12.08.2020
13:59

Ethereum Price Analysis: ETH Trading Near Make-or-Break Levels | Live Bitcoin News

Ethereum price is currently recovering from the $215 support zone against the US Dollar.ETH price is now facing a couple of important hurdles near the $230 level.There is a major bearish trend line forming with resistance near $230 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $230 resistance or decline again below $220.Ethereum price is trading near a key juncture at $230 against the US Dollar. ETH/USD must break the $230 barrier to continue higher in the near term.Ethereum Price AnalysisThis past week, Ethereum price broke the $230 and $228 support levels against the US Dollar. ETH price even settled below the $230 level and the 55 simple moving average (4-hours).It tested the $215 level and recently started an upside correction. There was a dece...