ETHUSD TUMBLES BELOW $200.00
Ethereum has tumbled below the $200.00 support level in early Thursday trading, after spending weeks struggling to find a directional bias. The ETHUSD pair has followed the broader cryptocurrency lower and is trading down nearly ten per cent intraday. Sellers will likely target the $182.00 support level, while buyers need to stabilize price above the $210.00 resistance level.
The ETHUSD pair is bearish while trading below the $200.00 level, key support is found at the $182.00 and $158.00 levels.
If the ETHUSD pair trades above the $200.00 level, key resistance is then found at the $210.00 and $218.00 levels.
The ETHUSD pair is bearish while trading below the $200.00 level, key support is found at the $182.00 and $158.00 levels.
If the ETHUSD pair trades above the $200.00 level, key resistance is then found at the $210.00 and $218.00 levels.
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