ETHUSD UNDER PRESSURE AS DIVERGENCE BUILDS
Ethereum has fallen to its lowest level in nearly one year, as the technical breakdown continues below the $200.00 support level. The ETHUSD pair has lost over forty percent of its value in September, as sellers continue to target the second largest cryptocurrency. Price may soon rebound as the ETHUSD pair is creating bullish price divergence across the one and four-hour time frames.
The ETHUSD pair is strongly bearish while trading below the $200.00 level, key support is found at the $150.00 and $135.00 support levels.
If the ETHUSD pair moves above the $200.00 level, buyers may test towards the $220.00 and $240.00 resistance levels.
The ETHUSD pair is strongly bearish while trading below the $200.00 level, key support is found at the $150.00 and $135.00 support levels.
If the ETHUSD pair moves above the $200.00 level, buyers may test towards the $220.00 and $240.00 resistance levels.
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