Ethereum Fails to Break Above Critical BTC Resistance Level
Ethereum and the aggregated crypto markets have been able to incur some tempered bullishness today after facing notable selling pressure over the past couple of days, but analysts are still weary of where ETH and other altcoins will head in the near-term.
Importantly, one prominent analyst is noting that Ethereum has failed to break above the critical resistance level that lies directly above its price, which could mean that significantly further losses against its BTC trading pair are imminent.