Ethereum Facing Uphill Task Near $240: Key Reasons Why It Could Tumble

Ethereum Facing Uphill Task Near $240: Key Reasons Why It Could Tumble

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Ethereum started a fresh decline from the $245 resistance against the US Dollar. ETH price is currently correcting higher, but upsides are likely to remain capped near $238 and $240.

  • ETH price is facing a strong resistance near $240 and the 100 simple moving average (4-hours) against the US Dollar.
  • The bears are likely to remain in control as long as the price is below $240.
  • There is a key…

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