Ethereum Price Action Suggest More Downsides Below $330: Here’s Why

Ethereum Price Action Suggest More Downsides Below $330: Here’s Why

Ethereum 19

Ethereum is struggling to recover above the $345 and $350 resistance levels against the US Dollar. ETH price is likely to continue lower below $330 unless it recovers above $355.

  • Ethereum corrected a few points higher, but it failed to climb above the $350 level.
  • The price is declining below $345 and it is well below the 100 hourly simple moving average.
  • There was a break below a key contracting…
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