Ethereum is over 11% lower on Monday after another poor day for cryptos. The pair tested 1.00 last week and it looks set to have another go. ETH/USD daily chart Ethereum has been once of the worst-hit cryptocurrencies during the recent sell-off. Now the pair is looking weaker again at the start of the trading week as ETH/USD trades over 11% lower during another bout of weakness. The low the price hit 4 days ago was approximately 90.00 according to data from Coinbase. Now, this level could be a support zone if the pair dips again. Looking at the chart below, the recent move back up looking like a dead cat bounce. If this is the case it means the weakness is due to resume again and 1.00 could break once more. On the topside, 120.00 could act as a near term resistance if the price moves back up and could be a selling zone. There is also an internal trendline to watch and if the price meets the resistance point at the same time as the trendline it would make the rejection level even stronger. Additional levels 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 DXY to be driven by relatively monetary policy – CitiBank FX Street 2 years Ethereum is over 11% lower on Monday after another poor day for cryptos. The pair tested 1.00 last week and it looks set to have another go. ETH/USD daily chart Ethereum has been once of the worst-hit cryptocurrencies during the recent sell-off. Now the pair is looking weaker again at the start of the trading week as ETH/USD trades over 11% lower during another bout of weakness. The low the price hit 4 days ago was approximately 90.00 according to data from Coinbase. Now, this level could be a support zone if the pair dips again. Looking at the chart… 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.