Ethereum Price Prediction: After Touching the Low of $236, ETH/USD Pulls Back To $240
insidebitcoins.com
If this support level drops, the downward momentum could begin to snowball and the next downside target to $220, $210, and $200. Against Bitcoin, trading at the 0.026 BTC, the daily chart reveals that the bulls are attempting to step back into the market as the coin is showing some promising signs that could break above the upper boundary of the channel.
On the upside, the nearest resistance level lies at 0.0268 BTC, above this, higher resistance lies at 0.0270 BTC and above. Moreover, looking at the downside, the critical support level lies at 0.0250 BTC.
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