Oct 21, 2018
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Ethereum Price Weekly Analysis: ETH/USD Near Make-or-Break Levels

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Key Highlights

  • ETH price declined recently below the $200 level before buyers emerged near $196 against the US Dollar.
  • There is a major bullish trend line with support at $201 on the 4-hours chart of ETH/USD (data feed via Kraken).
  • The pair must clear the $207 hurdle and the 100 simple moving average (4-hours) to gain momentum.

Ethereum price is trading near crucial levels versus the US Dollar and Bitcoin. ETH/USD must surpass the $207 and $214 levels to gain upside momentum.

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