Ethereum Volume Drops – The drawback move in Ethereum from the $110 high against US Dollar. ETH/USD traded below $108 and $106 support levels. The pair settled below the 100 SMA and tested the $105 support level. Price even broke the 50% Fib retracement level of the decline from $110 high. global X change.
Global exchange. The hourly chart shows ETH price is clearly below the $110 resistance. The price below $108 might test $105 and $103 support level. Otherwise, the price above $110 may hike to $114 support level. Global xchange. MACD for the pair in moving into the bearish zone and RSI is at 40 level.
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