Ethereum is resuming its slide inside the long-term descending channel seen on the daily chart. Price just bounced off the resistance on a break below the short-term triangle consolidation, confirming that sellers have gotten the upper hand. In addition, the 100 SMA is below the longer-term 200 SMA to indicate that the path of least...The post Ethereum Price Analysis: ETH/USD Aiming for Channel Bottom? appeared first on Live Bitcoin News.
