ETH/USD – Facing Bearish .618 Fib Resistance
Key Support Levels: $3200, $3150, $2950.
Key Resistance Levels: $3350, $3540, $3700.
Ethereum is currently facing the same resistance it struggled with over the past 10 days, at $3350, provided by a bearish .618 Fib. This resistance already led to a retracement during the week as ETH sank to the support levels at $2960, provided by a .236 Fib and the 20-day MA.
Earlier today, ETH recorded its highest price since May 19th:…
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