Ethereum Pride Prediction: ETH bears target $2,200

  • Ethereum price halted against a combination of solid Fibonacci and Ichimoku resistances.
  • Sellers are likely to regain control and push Ethereum to new two-month lows.
  • Oscillators support lower prices soon.

Ethereum price faces the same assault as the broader market with news that China is officially made all cryptocurrency transactions illegal. The market was positioned perfectly for bearish news to give sellers more control.

Ethereum price fails to hold above…


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