Ethereum Close Below $200 Would Make Case for Larger Decline

Ethereum Close Below $200 Would Make Case for Larger Decline

Ethereum is struggling to break the $205 and $210 resistance levels against the US Dollar. ETH price is currently declining and it remains at a risk of a larger decline below $200.

Ethereum is facing a strong resistance near the $204 and $205 levels.
The price might continue towards the $192 support if it fails to stay above $200.
There is a key contracting triangle forming with resistance near…

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