Ethereum Closes Below $400, Here’s A Key Support Turned Resistance

Ethereum Closes Below $400, Here’s A Key Support Turned Resistance

Ethereum 3

Ethereum nosedived and broke the $400 support zone against the US Dollar. ETH price could correct higher, but the previous support near $400 is likely to act as a major hurdle.

  • Ethereum is down over 10% and it broke the $420 and $400 support levels.
  • The price even traded below the $385 support and settled below the 100 hourly simple moving average.
  • There is a crucial bearish trend line forming…

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