Ethereum (ETH) took a nosedive on Feb. 24 after rising above the overhead resistance of $167.32. We hope traders booked profits on half of their long positions as we had suggested.
The decline on Feb. 24 wiped off gains of the past six days. This shows the extent of the carnage. The ETH/USD pair is trying to bounce off the critical support at $134.5.
Now ethereum was in $137.4 , can ethereum price more than $170?