Ethereum price hovering over supports but strengthening its return. ETH against the US Dollar could be trying to breakout the resistance sooner than what we think.
A down-flow continuation experience could await Ethereum price against US Dollar as it is being shot with selling pressure. Resistances being formed at $320 which will be pushing the price even lower.
ETH/USD going to attempt important resistances for a breakout. As it did, major gain could be upcoming.
ETH price since yesterday has not stopped recovering. Ethereum could most likely be aiming higher in the short term against the US Dollar.
ETH/USD is trying to take on resistances for a recovery attempt. Buying pressure is leading Ethereum price upwards but the gain momentum will come if the barriers are cleared.
Bearish trend being experienced by Ethereum price against the US Dollar. The pair could continue dropping after closing its correction towards $260 or lower.