April 30, OctaFX – Ethereum is under downside pressure on Tuesday, with the second largest cryptocurrency by market capitalization trading towards the $150.00 level.
Ethereum price analysis
The ETHUSD pair has a bearish intraday bias while trading below the $158.00 and could weaken below the important $145.00 level. The daily time frame is currently showing that critical weekly support for the ETHUSD pair is located at the $130.00 level.
The ETHUSD pair is bearish while trading below the $158.00 level, key support is found at the $145.00 and $130.00 levels.
If the ETHUSD pair trades above the $158.00 level, key resistance is found at the $170.00 and $185.00 levels.
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