Ethereum Price Analysis: ETH Turned Vulnerable Below $140
ETH price failed to climb above the $140-141 resistance area and declined against the US Dollar.
The price even broke the $137 support level and traded to a new weekly low near $135.
This is a major bearish trend line formed with resistance at $140 on the hourly chart of ETH/USD (data feed via Kraken).
The pair may extend the current downside correction if it fails to surpass the $140 resistance area.
Source: News BTC
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