Ethereum price data analysis reveals that the currency continues to struggle against the US dollar as the price failed to maintain support over the three hundred dollars $300 mark. Now the Ethereum price has reached much closer to $260. The ETH/USD pair broke down from an ascending channel. It also broke down from a longer-term ascending wedge. There is support near two hundred and sixty dollars ($260) to two hundred and thirty dollars ($230). Short-term moving averages are bearish. Long-term moving averages are bullish. Ethereum price chart by Trading View The price reached lows of two hundred and sixty ($260)
