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Ethereum Technical Analysis: ETH/USD pressure is intensely on as bears look to make another attempt for firm break below $500

Regardless of some stabilisation on Monday, Ethereum nonetheless appears very a lot susceptible to some draw back pressure. Ethereum has been on essentially the most hardest hit throughout the main altcoins, dropping round 20% over two classes. Chunky demand zone seen working from slightly below the $500 mark, from $488 up to $505.   ETH/USD 60-minute chart Spot price: […] The put up Ethereum Technical Evaluation: ETH/USD pressure is intensely on as bears look to make another attempt for firm break below $500 appeared first on Foreign exchange Crunch.

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