Crypto-currency market: Ethereum is preparing to accelerate the decline

The pair ETH/USD, despite a significant divergence, continues to remain under the pressure of downward sentiment, which can be traced in the cryptocurrency market. This pair is limited to the zone of significant support 85.000-82.000, fixing below which will accelerate the downward trend and open the way to support levels: 75.000 and 65.000. Resistance is located at levels: 88.000 and 93.000, which corresponds to the upper limit of the downward channel.

ETH/USD chart. Current price – 84.000

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Hanzenko Anton

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