ETH/USD resumed the decline in sync with the market. Ethereum developer team hinted on major announcement. ETH/USD is changing hands at $222.30, down over 3% on a day-to-day basis. The second-largest coin has resumed the downside after a short-lived recovery attempt, moving in sync with the market. Ethereum has a market value of $24.5 billion, while its trading volumes are registered at $18.9 billion. ETH/USD: Technical picture Ethereum bumped into an intraday resistance created by SMA50 4-hour at $229.00 and resumed the retreat. The local support is now located on the approach to psychological $220.00. Once it is out of the way, the downside is likely to gain traction with the next focus on $215.30 (the lower line of 4-hour Bollinger Band). It is followed by $204.00 ( the lower line of the daily Bollinger Band) and psychological $200.00. On the upside, a sustainable move above $229.00 will open up the way towards $230.00 and $232.00, which served as an upper line of the recent consolidation channel. ETH/USD 4-hour chart Ethereum team hints on an important announcement Deva the Devcon Unicorn, the Twitter account positioned as the voice of the Ethereum’s Devcon team, published a post that promised “major announcement in the coming days”. The post contained a link to the latest blog post of Ethereum Foundation about the upcoming conference Devcon 6. The agenda of the conference will include various discussion topics like teaching, communicating, and generating new ideas, collaboration & knowledge sharing, growing the Ethereum Ecosystem. Devcon is an opportunity for each of us to engage with those from other teams and communities, both from Ethereum and blockchain-related teams and newcomers from other industries, the team says. 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 EUR/JPY Price Analysis: Further consolidation not ruled out FX Street 3 years ETH/USD resumed the decline in sync with the market. Ethereum developer team hinted on major announcement. ETH/USD is changing hands at $222.30, down over 3% on a day-to-day basis. The second-largest coin has resumed the downside after a short-lived recovery attempt, moving in sync with the market. Ethereum has a market value of $24.5 billion, while its trading volumes are registered at $18.9 billion. ETH/USD: Technical picture Ethereum bumped into an intraday resistance created by SMA50 4-hour at $229.00 and resumed the retreat. The local support is now located on the approach to psychological $220.00. Once it is out of… 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.