Ethereum Price Analysis: ETH Facing Huge Resistance On Its Way To $500

[sneakyboi]

Ethereum Price Analysis: ETH Facing Huge Resistance On Its Way To $500

Ethereum dropped by a total of 8% over the weekend as it crashed into the August 2018 Highs at around $439. The coin has since rebounded slightly to trade at $456. Against Bitcoin, Ethereum fell from 0.0293 BTC on Saturday to reach as low as 0.0278 BTC today.

As a result, Ethereum fell as low as $439 (August 2018 high) yesterday. The coin went on to close above the $445 support. It has since rebounded slightly to trade at $456 today.

Learn more about the analysis here.