Ethereum Eyeing Last Line of Defense: Here Are Key Supports To Watch

Ethereum Eyeing Last Line of Defense: Here Are Key Supports To Watch

Ethereum 16

Ethereum is declining steadily below the $235 resistance zone against the US Dollar. It seems like ETH could decline heavily if it breaks the $225 support zone in the near term.

  • Ethereum is trading in a bearish zone below $232 and the 100 hourly simple moving average.
  • The price is slowly declining towards the key $225 support zone.
  • Yesterday’s followed major declining channel is still active with…

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