ETH fails to cross beyond its major resistance. Consolidating after retracing, small chance of a bounce again. Ethereum, the second largest cryptocurrency by market cap, has given up its chance to regain the momentum after gaining more than 65 percent last month as the prices collapsed like nine pins in last one week, although recent consolidation has still kept some hopes alive. ETH/USD is down just under 1 percent on day at $134.99 at middle point of day’s range which is less than 2 percent – good sign of stability and consolidation after the coin has given up more than 20 percent from the February high. After the crash, ETH made a low of $127.73, exactly above the 61.8 percent retracement level of the entire rise of February. Giving some hopes for the bulls to gain back recent gains and add on to the momentum to the rally past the double century mark. ETH/USD 480-minute 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 Ripple’s XRP: Stuck in a contracting triangle FX Street 4 years ETH fails to cross beyond its major resistance. Consolidating after retracing, small chance of a bounce again. Ethereum, the second largest cryptocurrency by market cap, has given up its chance to regain the momentum after gaining more than 65 percent last month as the prices collapsed like nine pins in last one week, although recent consolidation has still kept some hopes alive. ETH/USD is down just under 1 percent on day at $134.99 at middle point of day's range which is less than 2 percent - good sign of stability and consolidation after the coin has given up more than… 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.
