Ethereum Breakdown Finds Support But Can ETH Reclaim $240?

Ethereum Breakdown Finds Support But Can ETH Reclaim $240?

Ethereum is down more than 5% as it broke the $240 support against the US Dollar. ETH price found support near $220 and it is currently correcting higher towards key hurdles.

Ethereum failed to continue above $250 and it started a major decline.
The price dived below $240 and it even spiked below the $230 support zone.
There was a break below a major bullish trend line with support near $240 on…

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