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ETH/BTC remained supported above 0.0820BTC and could rise slowly toward 0.0850BTC. Ether’s price failed to overcome selling interest near $740.00 and declined sharply against the US dollar.
It may continue to slowly move higher toward the next resistance at 0.0850BTC. The pair failed to move past this and declined sharply below the $710.00 and $700.00 support levels.
ETH/USD broke a key support at $710.00 on the 2-hour chart and declined toward $670.00.
Disclaimer:
THIS #ARTICLE IS NARRATED FROM DIFFERENT SOURCES and is not intended to provide, #investment #advice. Please conduct your own thorough research before #investing in any #cryptocurrency.
SOURCE : ETHNEWS