ETH/USD slipped under $140.00 again. The short-term downside correction to be followed by another bullish leg. ETH/USD touched $140.78 during early Asian hours, but the upside proved to be unsustainable as the price quickly returned to the range below $140.00 handle. At the time of writing, the second largest coin is trading at $139.90 amid shrinking volatility and fading trading activity. From the short-term point of view, a sustainable move above $140.0o handle will unleash the upside potential of the coin. The next focus is on $146.00 with the recent high at $146.13. Once this barrier is left behind, $150.00 will come into focus. On the downside, watch out for $138.20 (SMA200, 4-hour). This support is followed by $136.50 (SMA100 4-hour and $136.00. The next critical barrier comes as low as $130.00 with DMA50 spotted right below this level. With downward-looking RSI the risks are tilted to the downside, though the recovery may gain traction if the above-said support levels stay intact. ETH/USD, 4-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next China MOFCOM: Imports and exports trade are overall stable in Q1 FX Street 4 years ETH/USD slipped under $140.00 again. The short-term downside correction to be followed by another bullish leg. ETH/USD touched $140.78 during early Asian hours, but the upside proved to be unsustainable as the price quickly returned to the range below $140.00 handle. At the time of writing, the second largest coin is trading at $139.90 amid shrinking volatility and fading trading activity. From the short-term point of view, a sustainable move above $140.0o handle will unleash the upside potential of the coin. The next focus is on $146.00 with the recent high at $146.13. Once this barrier is left behind,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
