Major break for Ethereum price over its previous resistance while now it is acting as a support. ETH/USD is very likely to increase and climb upwards in the closer-time understanding.
weekly analysis
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Ethereum price against the US Dollar has recovered from the lowest monthly, but is struggling to get near and close above major resistances at $280.
Tracking back on the time after Litecoin did climb above the $90 level on its new all-time high record was described with a strong-cemented indicator as LTC/USD for almost weeks did trade between the $60-$70 zone attempting upward breaks with beneath the supports holding.
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.
