Ethereum Technical Analysis: ETH/USD vital near-term support eyed at $440 area, if this fails to hold, price could go back into free-fall mode

Ethereum price seen down over 3% on Tuesday, as bears continue to test key near-term area of support. ETH/USD is currently trading at the 38.2% Fibonacci, supporting the price from further downside. Recent price action has formed a descending wedge pattern, seen on the 15-minute time frame.   ETH/USD 30-minute chart Spot rate:                    445.36 […]

The post Ethereum Technical Analysis: ETH/USD vital near-term support eyed at $440 area, if this fails to hold, price could go back into free-fall mode appeared first on Forex Crunch.

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