Breaking: Ethereum price forced beneath $230 key support

Updated: 28 Feb. 2020 | 05:12

Ethereum price is once again trimming the accrued gains on the day after failing to break above the resistance at $235. The second-largest crypto by market capitalization has sunk beneath $230 support amid a developing bearish picture. A slide under the opening value of $227.52 could encourage the bears to increase their entries, further forcing ETH/USD towards $220 support. Meanwhile, the crypto is trading at $228.85.

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