ETH Support Below $108

ETH Support Below $108 - 

ETH support close the $102 level and later recovered against US Dollar. ETH/USD traded above the $106 and $108 resistance level. The pair closed above $108 and 100 SMA. Global X change. The price failed to break the $110 resistance level and then started to decline. There was a close below $106 and 100 SMA. Global xchange.

Globalxchange. The hourly chart shows, ETH price is trading at $108 resistance and a downside break below $104 could test $95 level. Otherwise, the price might rail above $110 and might break $116 support. Global exchange. MACD for the pair is slightly moving towards bullish zone and RSI is above the 40 level.