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.
weekly analysis
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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.
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.
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.
