Ethereum is Plunging, But It’s Too Early to Say Bulls Have Given Up

Ethereum is Plunging, But It’s Too Early to Say Bulls Have Given Up

Ethereum 21

Ethereum is down more than 6% and it broke the $235 support against the US Dollar. ETH tested the $228 support zone and it is currently correcting higher.

  • Ethereum declined sharply after it failed to surpass the $250 resistance.
  • The price is currently holding the $228 support, but it is well below the 100 hourly simple moving average.
  • There was a break below a major triangle with support near…

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