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2019-07-27 05:37:05

Ethereum price analysis: ETH price is facing rejection towards $230

Ethereum price analysis reveals that the ETH price is facing strong rejection above the two hundred and twenty-five dollars ($225) mark. Ethereum has developed a short-term bearish outlook as the price had a significant fall from levels around two hundred and thirty-five dollars ($235). Although the price tried to break through key resistance across the 4-hour charts, a strong push by the sellers dropped the price to two hundred and eight dollars where it is currently trading. Now an acute head and shoulders pattern is starting to form as the price faced rejection from the resistance zone. Now the price