Ethereum Could Narrowly Avoid a Major Downtrend if it Regains $240
Ethereum failed to surpass the $250 resistance and declined sharply against the US Dollar. ETH price could continue to move down as long as it is below $240 and the 100 hourly simple moving average.
- Ethereum started a major decline after it failed to clear the main $1250 resistance zone.
- The price declined sharply below the key $240 support and the 100 hourly simple moving average.
- There was a…
