Ethereum may break higher and reach $150 in the process. The price is quite volatile and corrective but still maintained momentum above $120 area.
Ethereum price is still failing to attract buying interest above the $200.00 level, leaving a further drop towards the $160.00 level increasingly likely.
Ethereum price has fallen under the $200.00 level as the entire cryptocurrency market comes under heavy downside selling pressure.
Ethereum price continues to slip lower in early Friday trade after finding strong technical resistance from the $240.00 level earlier this week.
Ethereum price is attempting to build bullish momentum above the $210.00 level after another failed attempt to hold price below the $200.00 level.
Ethereum price has started to move back towards the $210.00 support level after the cryptocurrency found strong resistance from just above the $225.00 level.
Ethereum price is attempting to recover earlier losses after the second largest cryptocurrency found strong technical support from just above the $200.00.
Ethereum price is starting to appear fairly weak in the short-term, as bulls struggle to move the price back above the $300.00 level.
Ethereum price has started the new trading month poorly, with the second largest cryptocurrency slipping below the $300.00 support level.