ETH Buy on Dips

Globalxchange. Ethereum price broke the $137 and $142 resistance level and started to decline against US Dollar. ETH/USD traded near the $150 support level where traders came into existence. The price then dipped below $145 resistance level and the 23.6% Fib retracement level. Globalexchange.

Global exchange. The hourly chart demonstrates the ETH cost rectified itself below $150 with $135 support level. Break above $150 takes the price above $156. Otherwise, the dip will rail the cost to $135. Global x change. The hourly MACD for the pair is moving towards the bearish zone and RSI is below 50 levels.