Bad for Ethereum: 3 Bearish Factors Could Catalyze a Strong ETH Correction

Despite Ethereum’s rejection at $200 and Bitcoin’s similar rejection at $7,800, the cryptocurrency market has held strong over the past 24 hours. Case in point, Ether continues to trade for $194, just shy of the weekly highs and above the $180-190 region, which analysts have identified as a zone of support. Unfortunately, analysts are starting to come to the conclusion that it is only a matter of time before Ethereum corrects lower, citing a confluence […]
Bitcoinist.com

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Author: toutiao